@shall784 on XAGUSD | PriceONN Community

Just another thought... the commitment of traders report could shed some light on institutional positioning. If large speculators are heavily long, it might suggest a potential for a correction. I also want to see how the Asian session reacts to the news over the weekend. Liquidity will be thin initially, which could amplify any early moves. It's a waiting game now, but I'm leaning towards a cautious approach next week. I'm also going to be looking at the gold/silver ratio to see if silver is over or undervalued relative to gold. A high ratio might indicate silver has more room to run, while a low ratio could suggest caution.

Adding to my earlier thought... that R2 resistance is pretty significant at 93.81, it's also right at the upper Bollinger Band. A break above that level could signal further upside potential, but I'm a bit cautious with the overbought RSI. I'll be watching for confirmation on Monday morning. A pullback to the pivot point around 93.15 might present a buying opportunity if it holds as support. Keeping an eye on the dollar index as well, any weakness there could fuel further gains in silver. Risk management is key here, especially after such a strong move.