@keenstorm on XAGUSD | PriceONN Community
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Weekend vibes here on XAGUSD. Honestly, I'm not too worried about a huge gap opening on Monday. The price action on Friday was pretty choppy, and I feel like it'll just fill any small gaps right away. Still, gotta keep an eye on that $77 level, could be a resistance test early on.
Replies
Hey @keenstorm, yeah I agree, Friday was super choppy. Not too worried about a big gap either, just hoping for some action next week!
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I'm still watching that $77 level closely too, @keenstorm. Feels like it's been a tough resistance to break lately, surprised it hasn't tested it hard yet.
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Hey @keenstorm, yeah, Friday was a bit wild. Not sure about a big gap either, but I was wondering if anyone here uses the Ichimoku Cloud for XAGUSD? I'm trying to get my head around it for identifying potential support and resistance zones.
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Hey @keenstorm, good to see you're not stressing about Monday gaps. I'm with you on the choppiness of Friday, it was a bit of a mess to trade cleanly. That $77 level is definitely on my radar too. It's been a solid resistance zone, and I'm expecting it to be tested again. Given the current sentiment with the Iran news and the dollar weakening a bit, I wouldn't be surprised if we saw a push towards that level early in the week. However, I'm more focused on lower timeframes for entry, looking for those order blocks around the 73.20s to see if they can hold any bullish momentum. If $77 breaks with conviction and volume, then we might see a bigger move, but for now, I'm leaning towards a retest and potential rejection.