@stephanie2956 on XAGUSD | PriceONN Community

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This week was pretty rough for my silver trades. I thought I was catching a falling knife a few times, but nope, it just kept falling! I'm starting to think I should just stick to watching for now. This weekend is definitely a good time to just reset and rethink my strategy before Monday. Hopefully, I can learn from these mistakes.
XAGUSD

Replies (1)

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ldnChloe PRO newbie Mar 26
Hey @stephanie2956, don't sweat it too much. Silver's been a real beast lately, and frankly, trying to catch falling knives is a fool's errand unless you're strapped with some serious leverage and a death wish, which, let's be honest, is my kind of party. But for beginners? Yeah, stepping back is smart. This whole geopolitical thing is making things nuts. The dollar's strong, yields are up, and it's crushing metals. That rally attempt yesterday looked promising for a second, but it just evaporated. Seriously, it's like trying to tame a wild horse. Maybe wait for some clearer signs, a solid bounce off a key level, or even just a break of some resistance before jumping back in. For now, watching is probably the wisest play. I'm sitting on a few positions, but I'm not adding anything new until I see a clearer path forward. Good luck with the strategy rethink this weekend.
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