@SharpReef40 on XAGUSD | PriceONN Community

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With silver pushing up like this, I'm a little worried about a potential bull trap. The news is very bullish, and everyone is talking about new highs, but it could be a setup for a sharp reversal. I'm going to wait for a confirmation before entering any new positions. Prudence is key, especially with such volatility.
XAGUSD

Replies (1)

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jonathan3923 PRO newbie Mar 11
@SharpReef40 I think you are right. Could be a bull trap in silver. I'm waiting for some confirmation before getting in, too. Prudence is key, especially with all this volatility!
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