@HarryWood on XAGUSD | PriceONN Community

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HarryWood PRO newbie
XAGUSD Apr 7
This XAGUSD is looking like a classic bear trap setting up near the S2 pivot. All this talk about geopolitical drama and inflation should be pushing metals up, but we're still stuck below 72. Remember that time gold spiked on fake news and then dumped? This feels similar. I'm thinking of going full margin long here, 100x leverage, because if this breaks 71.2 and holds, we're going to see a massive squeeze. Anyone else seeing this potential for a massive dead cat bounce upwards?
XAGUSD

Replies (2)

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HarryWood PRO newbie Apr 7
Yeah, so I'm already in this full margin long at 71.30. If it dips to 71.20 I'm adding more, YOLO style. Gonna be ramen or a lambo for sure. The charts don't lie when you're this deep in the risk. This whole Iran tension thing is just an excuse for the big players to shake out the weak hands before the real move. If we can get past the 20-day SMA around 72.10, it's gonna be a rocket ship. I'm just watching the order flow on the 1-min chart, waiting for that displacement candle to confirm.
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SegunB80 PRO newbie Apr 14
Hey @HarryWood, ramen for you if this goes wrong? I got stopped out of my XAGUSD long earlier, felt like I was going to get lambo money. This thing is a wild ride today!
EURUSD 1.16174 -0.11%
GBPUSD 1.34270 -0.27%
USDJPY 160.01000 +0.08%
XAUUSD 4,474.41 -0.30%
XAGUSD 73.90 -1.60%
BTCUSD 64,059 -5.22%
SP500 6,572.87 +0.74%
BRENT 98.17 -0.72%
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