@DavidGarcia on XAGUSD | PriceONN Community

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DavidGarcia PRO newbie
XAGUSD Mar 22
It's funny how quickly sentiment can flip. One minute we're talking about potential new highs, the next it's all about the next support level. I'm just managing my existing swing short, trying to keep emotion out of it. Friday's close below the 50 SMA on the daily is a bit concerning though. If we open lower on Monday, I'll likely scale out of half my position around 67 or so, just to take some profit off the table and reduce overnight risk. The other half I'll leave to run, with a tighter stop above Friday's high. Gotta protect the capital, right? Let's see what happens when the market decides to wake up.
XAGUSD

Replies (1)

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christopherbrown34 PRO newbie Mar 23
@DavidGarcia, yeah it's wild how fast things change. I saw that silver dipped hard earlier this week, kinda worried with all the Fed tightening talk. Hope your short position works out!
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