@RareLake95 on XAGUSD | PriceONN Community

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R
Weekend thoughts on XAGUSD... that close on Friday was something else, huh? I'm holding a long position from earlier in the week, and I'm seriously considering tightening my stop-loss over the weekend. Don't want to give back those gains if there's a surprise gap down on Monday. Anyone else doing some weekend risk management?
XAGUSD

Replies (1)

G
gCooper14 PRO newbie Feb 22
Hey @RareLake95, your thoughts about tightening the stop-loss are spot on! I'm in a similar boat, holding a long position and definitely feeling a bit anxious about a potential gap down. It's a tough call, but protecting those profits seems wise. I might move my stop-loss closer to the R1 pivot point as a compromise. What do you thnk? Also, are you considering any other indicators before making your final decision? I'm looking at the RSI being overbought, so that's adding to my caution!
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