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I'm currently holding a short position on XAGUSD. Entered around 86 earlier in the week. With this big drop today I'm getting a bit nervous tbh. Thinking of moving my stop loss closer to my entry point to protect profits. This volatility is something else!
Update: I decided to move my stop loss down to 84.90. Still want to give the trade some room to breathe, but also don't want to lose too much if it reverses. The RSI is still looking bearish, but I'm watching for any signs of a reversal. Silver can be so unpredictable sometimes! I'm hoping it will continue to fall to my initial TP around 76. I need to be more patient, I think. This market tests your nerves sha. I will update again later.