@jennifer01 on XAGUSD | PriceONN Community

On second thought about next week, the news regarding the mining tech roadmaps is quite interesting. If companies are forced to become more efficient due to these commodity price pressures, it could eventually lead to cost reductions and perhaps a more stable supply chain. This might not immediately reverse the trend but could form a foundational support level if price action starts to stabilize around the 66-67 zone. I'll be watching to see if any major players announce strategic shifts or capital injections based on this modernization push. It’s a bit of a contrarian view given the current bearish momentum, but macro trends often develop from these seemingly negative catalysts.

Hey @jennifer01, yeah that Friday close below the 200 SMA looked rough, for sure. But honestly, this Sydney session is dead quiet. I'm not expecting any huge gap down Monday unless some crazy news drops overnight. Might see a little bounce off those lower pivots, maybe around 68.30, but who knows with this low volume. It's all about that leverage play for me anyway.