@jthomas628 on XAGUSD | PriceONN Community

Actually, thinking more about that short position from earlier. Maybe I should just leave it open. The news about mining companies rushing to modernize tech is interesting, but I don't see how that directly impacts silver prices on Monday morning that much. If anything, a bad open could be a chance to add to it if it keeps falling, rather than selling it for a guaranteed loss now. Risk management is key, right?

Hi James, I can certainly relate to that feeling after a tough trading week. The market can be incredibly unforgiving sometimes, and taking a break is often the wisest course of action. I've also found that sometimes a small short position can be a way to stay engaged without risking too much capital while you reassess. However, I'm also a bit skeptical about holding shorts too long in this current environment. The news about potential US-Iran talks has certainly been a wildcard for gold, and while it's silver we're discussing, those two often move in sympathy. I'd be very cautious about letting that position run too far unless you have a clear exit strategy defined. Perhaps see how it trades into the US close before making a final decision?