@avamorris80 on XAGUSD | PriceONN Community
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Ugh, this slippage on XAGUSD is killing me today. Tried to get a short in around 77.80 earlier and ended up getting filled closer to 78.15. Spreads are widening like crazy too, makes it so hard to scalp or even manage a position properly. Seriously considering switching brokers if this keeps up, it's borderline robbery with these execution prices.
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Just closed my small short from yesterday near the 76.37 pivot, made a tiny profit. Not risking much overnight with all this uncertainty. I'll re-evaluate if we break that S2 level convincingly, but for now, just want to lock in what I can. Watching to see if any whales start accumulating around here.
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Anyway, that price action around 78.15 was probably just a little liquidity grab before the real move. Saw that headline about the Fed decision making traders wait, so maybe that's why things are choppy. Still think we're heading lower though, RSI is looking grim and we're below all the key SMAs.
@avamorris80 Man, I feel you on the slippage and widening spreads. It's been a nightmare trying to trade silver lately. That news about the plunging prices and mining stocks is definitely making me nervous about holding any positions through the weekend. Hope Monday opens better for you.
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@avamorris80 Yeah, heard you on the broker issues. This whole market feels rigged lately, especially with that silver price plunging like it did on the inflation news.