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Gonna set some alerts around 80.00 and 79.50. If silver shows some life there early Monday, I might take a small position. SL below the recent lows, targeting the 20 SMA initially. Gotta be quick though!
@JonathanWalker I like your plan to watch for a bounce around 80.00. That's a key psychological level, and the Bollinger Band lower boundary is also pretty close. If it does hold, a quick trade targeting the 20 SMA makes sense. But with the dollar so strong, I'm a little hesitant to go long just yet. I'll be watching for confirmation before entering any positions. Good luck!