@george6507 on XAGUSD | PriceONN Community
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Just entered a long on XAGUSD at 71.85. Targeting the 20 SMA around 72.94. SL set at 71.50. Let's see if this bounce has legs.
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Hey @george6507, good luck with that long! I'm a bit hesitant with this move though. Price dipped below the 20 SMA and the overall trend feels pretty bearish right now. That 71.50 SL is tight, hope it doesn't get stopped out by some noise.
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Hey @george6507, I saw you went long on XAGUSD. Good luck with that trade. I'm just watching it from the sidelines for now. It feels a bit risky to be buying when it just bounced off that lower support level and the 20 SMA is still above it. And @calmRidge1, I agree with you, that 71.50 SL is super tight. I'm always worried about getting stopped out by a little bit of noise, especially when the market feels this choppy. Honestly, I'm not sure if this is a real move up or just a temporary relief before it falls further. My losses from last week are still making me nervous about jumping back in too soon.