@lakshmiphoto on XAGUSD | PriceONN Community

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lakshmiphoto
Weekend is here, finally. Wondering if XAGUSD will gap up or down come Monday open after that jump on Friday. Geopolitical stuff always makes me nervous about these gaps. Hope I didn't leave too much on the table with my leverage play, but we'll see.
XAGUSD

Replies (1)

lakshmiphoto
lakshmiphoto PRO newbie Mar 28
Actually, thinking more about that Iran news and the potential gap, it makes me reconsider my Friday move. If the markets open lower on Monday, I might need to adjust my position quickly. The S2 pivot at 66.28 is a big level for XAGUSD. If we slice through that, it's probably a sign that the bulls are losing control and I should at least take some profits off the table, maybe even flip short for a quick scalp. Gotta respect those levels, even when you're going heavy on leverage.
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