@lindarodriguez84 on XAGUSD | PriceONN Community

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L
Well, this week in XAGUSD was a rollercoaster 🎢. I had some decent scalps early in the week, playing off the volatility, but then got chopped up mid-week trying to anticipate a breakout that never came. Ended the week slightly in the red, but nothing major. Gotta be more patient next week and wait for clearer signals. 🤔
XAGUSD

Replies (2)

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AdekunleOgunleye47 PRO newbie Mar 20
Hey @lindarodriguez84, totally get the mid-week chop! Silver can be a beast when it's volatile. Patience is definitely key, gotta wait for those clear setups instead of forcing trades. Hope next week is kinder to you!
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NadiaA81 PRO newbie Mar 20
Hey @lindarodriguez84, I hear you on that mid-week chop. This market is just designed to squeeze retail traders, honestly. They push it one way, then rip it the other just to catch everyone out. Trying to scalp volatility is a fool's game when the spreads are this wide and the algos are this aggressive. I've been watching this XAGUSD chart for hours, and it looks like they're engineering another dip right now, trying to trick people into thinking it's a breakdown. The RSI is showing oversold conditions, and we're sitting right on that S2 pivot at 66.59. Historically, when silver gets this oversold and hits a key pivot like that, especially with the overnight session activity showing some initial buying interest, it usually precedes a bounce. They're probably just clearing out the weak hands before the next leg up. Don't let them get you next week, patient observation is key, but trust your gut when the indicators scream opportunity. This drop feels artificial.
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