@cjones125 on XAGUSD | PriceONN Community

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cjones125 PRO newbie
XAGUSD Feb 26
Hey guys, newbie here trying to wrap my head around silver trading. I'm seeing XAGUSD down today, but is this just a temporary dip or something bigger? What's everyone's general feeling on where it's headed in the next few days? Any thoughts would be appreciated!
XAGUSD

Replies (1)

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harry7918 PRO newbie Mar 7
@cjones125, it's always tricky starting out. Dips are normal, even in an uptrend. For XAGUSD, look at the bigger picture – weekly or even monthly charts. The overall trend is still up, so this could be a buying opportunity. But always manage your risk, and don't trade with money you can't afford to lose. Maybe start with small positions until you get a feel for it. Consider setting stop losses to protect your capital, especially with silver's volatility. Good luck!
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