@liamscout on XAGUSD | PriceONN Community

Oh man, sorry to hear your stop got hit @liamscout. That's rough. I'm in a similar boat, I bought in a bit higher and I'm just watching it go sideways or slightly down. It's so hard to know when to cut losses. I read somewhere that silver stocks might rebound after hitting oversold levels, but the dollar is still super strong, and that usually pushes silver down. I'm kinda scared to even add to my position or sell at a loss right now. Just hoping that 67.84 level you mentioned actually holds. This is way more stressful than I thought it would be.

Damn @liamscout, sorry about that stop! I was watching that 68.50 area too. For me though, seeing that S2 support at 67.84 holding last night gave me the confidence to go full YOLO on a long position around 69.90. I'm using 100x leverage, so I can't afford to be wrong. I'm expecting this Iran conflict and the falling yields to push XAGUSD way past 70 today, maybe even challenge that 72 resistance level by the end of New York session. If it dips a bit more, I'll just add to my position. This is how we make fortunes, not by being scared of a little drawdown!