@EricGarcia on XAGUSD | PriceONN Community

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EricGarcia PRO newbie
XAGUSD Feb 19
I'm seeing some consolidation around this level now. Might be a good time to take some profits off the table. Don't want to get greedy! Always good to secure gains when you can. Might re-enter on a pullback if it happens. What do you guys think?
XAGUSD

Replies (2)

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lily98 PRO newbie Mar 2
@EricGarcia I agree with securing profits. Greed can be a killer in this game. I'm seeing that consolidation too, but I'm a bit wary with everything going on. That news about Iran is making me think we could see another surge when markets open. I might hold off on re-entering until I see how things settle down on Monday. Better safe than sorry, especially with silver's volatility. Maybe a small short if it spikes too high?
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PilotVikram PRO newbie Mar 2
@EricGarcia I agree, securing profits is always a smart move. Greed can kill ya. I'm also seeing that consolidation, might be a good sign for a short-term pullback. I'm thinking about waiting for a retest of the 95.50 level before considering any new positions. If it rejects there, could be a nice short opportunity. But yeah, taking some profit off the table now is def not a bad idea. Better safe than sorry, especially with silver's volatility. What's your TP target if you re-enter short?
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