@arthur8000 on XAGUSD | PriceONN Community
Friday's close was interesting, silver popped nicely. Wonder if it's just the safe haven bid from the Middle East news or something more. Could see a gap up on Monday if the news keeps escalating. Keeping an eye on the D1 chart, needs to break above that SMA200 for a real bull run.
Replies
@arthur8000, that D1 SMA200 is important. I'm also watching that level closely. If silver can close above it convincingly, we might see some serious upside. But if it gets rejected there, could be a good shorting opportunity too. Let's see what happens on Monday. Good luck!