@BoldRiver7 on XAGUSD | PriceONN Community
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Silver closed pretty strong on Friday, didn't it? Wonder if that's just the war news pushing it up. I'm still pretty new to this, so I'm not sure how much of that is already priced in. Might be a good idea to wait and see how it opens on Monday before jumping in, just in case of a gap down.
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oh yeah, and I've been reading about those liquidity grabs, maybe smart money already took their profits before the weekend and it'll drop Monday lol
Hey @BoldRiver7, good shout on waiting to see how it opens! I'm with you on the gap down risk. War news is definitely a factor, but honestly, silver's been super volatile lately. Those liquidity grabs you mentioned are a real worry too. I'm thinking the smart move is to watch for a fakeout early in the week. If it breaks below 84, that could be a good sign for a short position. Always good to be cautious espcially when starting out!