@BrianGarcia on XAGUSD | PriceONN Community
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I'm also watching XAGUSD closely. With the dollar strengthening recently, I'm hesitant to go long right now. I'm thinking of maybe scaling into a short position if it breaks below that 72.34 pivot point. Just a small amount to start, and then add more if it keeps falling. Definitely not going all in though, too risky.
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Hey @BrianGarcia, I feel you on that. The dollar's been a pain. I'm also nervous about going long right now, feels too risky with how things are moving.
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Hey @BrianGarcia, I get why you're hesitant with the dollar strength, that's definitely something to watch. But honestly, I'm seeing some serious upside potential here on XAGUSD. That pivot point you mentioned at 72.34 is looking like solid support to me right now. Plus, I saw a few decent bullish candles forming earlier, which makes me think smart money is starting to step in. I'm thinking of going long around 72.50, maybe even a bit lower if we get a small dip. Don't want to be a bag holder if this thing really takes off!
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@BrianGarcia I see your point about the dollar, it's been a real pain lately. But this whole XAGUSD drop? Looks like pure market theatre to me. They push it down, then suddenly reverse it when nobody expects it. Just another day of them hunting stops around that 72.34 pivot you mentioned. Don't fall for it.
Hey @BrianGarcia, I'm with you on being cautious. I'm a bit new to this, and seeing the dollar up makes me nervous about going long on XAGUSD too. Is it usually a good idea to wait for that break below support like you're thinking?