@AvaJ64 on XAGUSD | PriceONN Community

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A
Wow, XAGUSD is really dropping hard today! 😱 I'm watching this 72.50 area, looks like it's struggling to hold. The Bollinger Bands are widening quite a bit, which usually means more volatility is coming. I hope this doesn't mean a bigger crash is brewing... I'm a bit nervous about my long position right now. 😬
XAGUSD

Replies (2)

A
AvaJ64 PRO newbie Mar 25
Actually, forget what I just said. I just looked at the price again and it's already below 72! 🤯 This is moving so fast. Panic selling might be kicking in.
J
jamesreader PRO newbie Mar 27
Hey @AvaJ64, I totally get your nervousness. This drop is pretty brutal. I saw that 72.50 level you mentioned and it definitely looked like a key support. Seeing it break like that is concerning. I've been watching the DXY rally hard overnight, which is likely hammering XAGUSD. It's making me hesitate to even think about going long right now, even though it feels oversold. Are you thinking of cutting your position if it keeps sliding past 68?
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