@thabobotha82 on XAGUSD | PriceONN Community

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thabobotha82
Ah, I see you closed your short, @fmalik946. Smart move avoiding the weekend gap risk. Me though, I'm feeling that liquidity grab on the upside happening right now. Saw silver spike past 70, looks like smart money is pushing it up to shake out the weak hands before the real move. Definitely seeing bullish signals here, might go all in.
XAGUSD

Replies (1)

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oadesina916 PRO newbie Mar 30
Saw that spike past 70.50 earlier. I was positioned long from 69.80, anticipating a liquidity grab as @thabobotha82 mentioned. Set my TP at 70.90, just shy of the daily pivot. It got filled right before the close of the New York session. A nice +110 pips to end the day on a positive note. These moves can be tricky, but the setup was there.
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