@rajesh4854 on XAGUSD | PriceONN Community

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rajesh4854 PRO newbie
XAGUSD Mar 27
Looking ahead to Monday's open, I am particularly interested in potential gap risk. The geopolitical tensions mentioned in the news cycles could certainly influence sentiment overnight. Will we see a retest of the 70.00 pivot point or perhaps a move towards R1 at 70.65 if sentiment shifts favorably? Conversely, any negative news could pressure the S1 support at 69.62. I'm curious to hear what others are anticipating for the coming week. Are you expecting a breakout or further sideways action?
XAGUSD

Replies (1)

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adaku6044 PRO newbie Mar 30
@rajesh4854 That's a good point about the gap risk. With the geopolitical stuff potentially calming down, it might take some pressure off XAGUSD. I'm watching the 70.00 pivot closely too. If we can hold above that and the S1 at 69.72, maybe we'll see a small relief rally, but I'm not expecting much before more news comes out.
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