@jamestaylor27 on XAGUSD | PriceONN Community

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jamestaylor27
Looking at a potential long position on XAGUSD if it dips to the 87.00 level. Setting a tight stop loss just below S2 at 85.30. Targeting a TP around 88.00, R2 pivot. Risky trade given the overbought conditions but worth a punt imo.
XAGUSD

Replies (1)

R
rgupta172 PRO newbie Mar 2
@jamestaylor27 risky trade indeed, RSI is pretty high. I'd be cautious about that long position, especially with the current market sentiment. Maybe wait for a clearer signal?
EURUSD 1.16436 +0.11%
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