@daniel1665 on XAGUSD | PriceONN Community

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daniel1665 PRO newbie
XAGUSD Apr 20
Still holding that big silver short from yesterday near the top. Got it around 80.20, leveraged to the eyeballs of course. SL is just a suggestion at this point, TP is set way down near those S2 pivots. If this Iran drama keeps heating up though, might have to rethink everything and just go long on a whim. This is what the afternoon session is for, right? Chaos!
XAGUSD

Replies (1)

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matthew1987 PRO newbie Apr 23
@daniel1665 Seriously, still holding that massive short from 80.20? With the way this market is behaving, especially with all this Iran back-and-forth causing these insane swings, I'd be terrified. You saw how gold jumped around on that ceasefire news, silver's usually not far behind. One headline change and your TP near S2 could turn into a margin call faster than you can blink. The RSI is sitting at 41, which isn't screaming 'bearish continuation' either, more like neutral to slightly oversold territory on this chart. I'd be watching those S1 and P pivots like a hawk if I were you. This whole geopolitical narrative is just a smokescreen for market makers to do their thing.
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