@ehall793 on XAGUSD | PriceONN Community
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Alright, planning for XAGUSD next week. Honestly, the Friday drop was significant, breaking that short-term uptrend. I'm watching the $72.07 S2 pivot very closely. If that doesn't hold and we see follow-through selling early Monday, especially if the dollar continues to strengthen, I might consider initiating a short position. But I'll be cautious, maybe targeting the 200 SMA around 70.92 initially. If the geopolitical tensions flare up again though, that could completely change the picture and we might see a quick move back towards 74.00. Definitely keeping an eye on the PH7 Technologies news too, sounds like it could impact PGMs and potentially spill over. Will be managing any overnight risk carefully to avoid a nasty gap against me.