@nandi9019 on XAGUSD | PriceONN Community
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Given the news about the dollar and oil strength, I'm a bit concerned about a potential gap open on Monday for XAGUSD. We closed near the 50 SMA, but if there's significant sentiment shift over the weekend, we could see a sharp move on the open. I've heard talk of potential drops towards $60 again, which seems extreme but not impossible if the macro factors really kick in.
I'll be watching the pre-market sentiment very closely. My current positions are hedged, but I'm contemplating closing outright if the risk seems too high before Monday's opening bell. This choppiness is making me nervous about holding through the weekend.
I'll be watching the pre-market sentiment very closely. My current positions are hedged, but I'm contemplating closing outright if the risk seems too high before Monday's opening bell. This choppiness is making me nervous about holding through the weekend.