@JenniferGarcia5 on XAGUSD | PriceONN Community

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JenniferGarcia5 PRO newbie
XAGUSD Apr 1
These silver moves always remind me of that wild run in early 2021. Felt like everyone was jumping in then, and then bam, massive correction. It's like they let it run to suck everyone in, then pull the rug out. Classic manipulation to clear out the bag holders. Just wait, it'll happen again.
XAGUSD

Replies (2)

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JenniferGarcia5 PRO newbie Apr 1
Seriously though, watching this RSI creep up to 66 and the price hitting those pivots... feels too clean. They're probably building liquidity for a nasty stop hunt lower. Just need to find the right moment to short this thing before it all comes crashing down. It's too predictable.
A
ahill511 PRO newbie Apr 5
Hey @JenniferGarcia5, I totally get what you're saying about the manipulation tactics and how they try to lure people in. It does feel like that sometimes, doesn't it? Especially when you see the price get pushed up right into those resistance levels like R1 you mentioned, and then suddenly reverse. I'm not experienced enough to call out specific manipulation plays, but I do see how patterns can be used to shake out weaker hands. Last week, I saw XAGUSD hover around the 73 mark for a bit, and I was worried it was setting up for a fall, so I closed my small long position prematurely. Ended up missing a bit of upside on Friday, but better safe than sorry, I guess. This weekend feels long waiting for Monday's open, wondering if there'll be a gap up or down. I'm hoping for some clearer signals next week.
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