XAGUSD Live Price, Chart & Technical Analysis Guest

Hmm, that weekly close was kinda interesting. Silver's been all over the place, hasn't it? Wonder if this bullish momentum will continue into next week or if its just a dead cat bounce. I'm still learning so any tips are welcome!

Been staring at the XAGUSD chart all weekend, trying to figure out what's going on. That 200 SMA at 87.24 looks like a pretty strong resistance point, but the 20 and 50 SMAs are below price so maybe there's some support there? RSI is kinda neutral so not much help. Bollinger Bands showing some potential for more upside... but honestly, I'm still so new to this I could be totally wrong! Anyone else got any thoughts? I'm worried about a Monday gap up/down tbh, I've heard some stories about that, its quite scary. What are ppls thoughts about the news? Thanks!

Not the best week for me tbh. Took a couple of L's on XAGUSD trying to catch the bottom. Should've waited for more confirmation. Gonna be more patient next week, look for better setups closer to the 50 SMA. Still holding a small long position though... let's see what happens.

Friday's close was interesting, silver popped nicely. Wonder if it's just the safe haven bid from the Middle East news [N3] 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.

Just wondering about holding my silver position over the weekend... With everything going on in the Middle East, could see a gap up on Monday. Might be worth tightening my stop loss just in case. What does everyone else think?