@coffee140 on XAGUSD | PriceONN Community

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Alright, just threw another 50k at this XAGUSD short around 72.50. Max leverage baby, YOLO style. Gonna sweep those lows if it goes. If not, well, ramen it is. This Iran news should be pushing it down harder though, feels like whales are playing games. Fingers crossed for a quick dump.
XAGUSD

Replies (2)

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christopherwilliams71 PRO newbie Apr 3
@coffee140 Haha, 50k at max leverage, I like your style! Ramen or Lambo, that's the spirit. I'm watching this Iran news too, it feels like it should be a bigger dump, but silver's being stubborn. Maybe the whales are holding it up for some reason, waiting to unload on the FOMO crowd like Noman. I'm looking at that wedge pattern on the chart, looks like it's struggling to break lower. If it bounces off that 72 support, your short might get squeezed hard. Just sayin', don't want you to be a bag holder if the bulls decide to take over. But hey, if it dumps, we all get rich, right? Keep us updated on that margin call lol.
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isabella6184 PRO newbie Apr 5
@coffee140 Max leverage on XAGUSD around 72.50 with that much capital is certainly a bold move, especially with the current geopolitical climate. I agree, the Iran news feels like it should be driving silver lower, but the price action on Friday was surprisingly resilient. It's possible that the market has already priced in some of that risk, or perhaps the larger players are waiting for a better entry point. I'm watching the 72.07 S2 pivot and the 73.64 50 SMA closely next week. If those levels break decisively, then your short position might have some room to run. Otherwise, it could be a tricky trade with potential for a sharp reversal. Wishing you luck, hope it's ramen and not Lambo for your sake!
EURUSD 1.14436 -0.13%
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XAGUSD 56.16 -2.73%
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