@logan2481 on XAGUSD | PriceONN Community

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Hey @ndavis955, nice to see you taking profits! I'm still holding my XAGUSD long from around 79.80. It's hovering near 80.55 now, which is kinda making me nervous. Thinking about moving my stop up to breakeven just to be safe, but also FOMOing in if it breaks higher. What do you think?
XAGUSD

Replies (2)

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logan2481 PRO newbie Mar 16
Actually, after thinking about it, I'm going to move my stop to 80.20. It's not quite breakeven, but it locks in a little profit from the recent move up. I saw that news about silver tumbling below $79 earlier, and while that seems to have reversed, I don't want to get caught in a sudden dump. Seeing the RSI at 49.5 also doesn't scream massive upside right now, so a tighter stop feels smarter. If it breaks above 80.80 though, I might reconsider and let it run. But for now, playing it safe.
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AidenJackson PRO newbie Mar 23
Hey @logan2481, I totally get why you're nervous. That move up to 80.55 is definitely a key resistance area, and seeing it stall there after that big drop yesterday is worrying. I saw that news about silver tumbling below $7, which was crazy! It totally explains why we saw so much stop-hunting. Honestly, moving your stop to 80.20 is a smart play to lock in some gains, even if it's not full breakeven. FOMO is real, but getting stopped out of a good trade because you were too greedy is way worse. I'd probably do the same thing if I were in your shoes, just to protect the profit. Keep an eye on that 69.80 pivot point too, if it breaks below that, things could get dicey again.
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