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Hey everyone, just a quick tip I've been trying out: When XAGUSD is moving sideways like this, I find it helpful to tighten my stop loss a bit. It helps protect profits if it suddenly reverses, but you gotta be careful not to get stopped out too early. What do you guys think?
Update: So, about tightening those stop losses... I probably should have waited a bit longer before posting that lol. XAGUSD is showing a little more volatility than I initially thought. I'm noticing the RSI is still pretty neutral around 49, so maybe it's not quite ready to break out in either direction. I'm thinking I might wait for a clearer signal before making any adjustments. Maybe watch the R1 resistance around 85.48? Anyone else seeing anything similar? I'm still learning, so all opinions are welcome!
