@sana3594 on XAGUSD | PriceONN Community

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sana3594
sana3594 PRO newbie
XAGUSD Feb 19
Hey everyone! Just noticed XAGUSD is looking super bullish today! RSI is above 60, and it's already broken past the 78 level. I'm thinking of opening a small long position with a TP around 79. What do you guys think? SL around 77.5 maybe?
XAGUSD

Replies (2)

sana3594
sana3594 PRO newbie Feb 19
Update: I opened that long position on XAGUSD I mentioned earlier. It's already in profit! Moving my SL to breakeven to secure some gains. Let's see if it hits that 79 TP! Keeping a close eye on it though, the market can change quickly.
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ojones588 PRO newbie Feb 28
Hey @sana3594, that TP level looks reasonable, but with the overbought RSI, I'd be cautious. Maybe consider a tighter stop-loss initially?
EURUSD 1.14436 -0.13%
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XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
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