@david2654 on XAGUSD | PriceONN Community
Man, Friday's close for XAGUSD was a bit wild, huh? Dropped hard after being pretty steady. Seeing it settle around 72.96, still feels kinda neutral for the weekly chart. Just hoping we don't get some crazy gap open on Monday morning, that's always the worst.
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Wait, I just remembered reading something about PH7 Technologies and PGMs? Is that supposed to be good for silver or what? It's confusing when there's all this tech news mixed with the usual dollar strength talk. I was hoping silver would shake off that Dollar strength more, but it seems like it's still really sensitive. So frustrating when you're trying to plan for next week and things are unclear. I guess we'll see what happens Monday, but I'm not feeling super confident about a big rally right away. Maybe a small bounce if the jobs data was bad but who knows.
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@david2654 Yeah, that Friday close was a bit worrying! Hope we don't gap down too much on Monday.
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@david2654 I hear you on the wild Friday close, it was seriously unnerving. This whole geopolitical tension stuff, especially with the Middle East and oil prices, it just adds so much noise. I'm just hoping that the positive news on copper production actually gives silver some backbone this week. Otherwise, we might be looking at another rough start.