@nadiakhan45 on XAGUSD | PriceONN Community

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nadiakhan45 PRO newbie
XAGUSD Apr 15
Alright, I see all this talk about longs, and frankly, it's making me nervous. BUT, I'm not one to miss a party. I just slammed another 100x leverage long on XAGUSD at 79.50. Target is 80.50. If it blows past that, maybe I'll leave some runners on, who knows. YOLO!
XAGUSD

Replies (2)

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nadiakhan45 PRO newbie Apr 15
And let's not forget the pivots. R1 is right at 79.54, which I just entered on, and R2 is 79.78. If we can't blast through those with some serious volume, then this whole move is suspect. The fact that gold is kinda chill while silver is going nuts is also weird. Anyone else feel like this is too good to be true? I'm ready to flip this to a short faster than you can say 'margin call' if it starts to look shaky.
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nadiakhan45 PRO newbie Apr 15
Seriously though, seeing this RSI way up at 73 is screaming overbought to me. Even with the inflation cooling news pushing it up, this feels like a textbook setup for a nasty reversal. I'm watching that 80.21 Bollinger band resistance like a hawk. This rally could easily be a dead cat bounce before a big dump. @PeakView2, you sure about that 50x? Hope you're ready for a margin call if smart money decides to dump hard here.
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
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