@osmith624 on XAGUSD | PriceONN Community
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This geopolitical news is throwing a wrench into my analysis. XAGUSD was setting up nicely for a controlled breakout, but this US/Iran strike is likely to send it into overdrive. I'm hesitant to enter any new positions until the initial shock subsides. The potential for extreme volatility is too high right now. I'm expecting a gap up on open, but the sustainability of that move is questionable. Need to see how the market digests this news before committing to a direction. Might be best to sit on the sidelines for a bit.