@LHall57 on XAGUSD | PriceONN Community
Friday close was a bit of a headscratcher for XAGUSD, honestly. Saw it dip pretty hard during the week but then it tried to claw some of it back. Not sure if that's a sign of strength or just a dead cat bounce before Monday. This whole geopolitical situation with Iran is making everything so choppy, hard to get a clear read on where silver wants to go next week. Hope it doesn't gap down hard on the open.
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Yeah, and that Iran news is definitely keeping the volatility cranked. Makes me wonder if they're just trying to shake out weak hands before a real move. I'm looking at that $72.50 area from Friday's close; if we can hold that, maybe we see a push higher into next week. But if it breaks, we could be looking at a nasty gap down, so gotta watch that.