@katherineking81 on XAGUSD | PriceONN Community

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K
Weekend's here, thankfully. The close on Friday was pretty rough for XAGUSD, that 6.5% drop is no joke. Honestly, I'm just happy I got out of my leveraged long position before that happened. Holding anything over the weekend with this kind of volatility feels like playing with fire. Going to review the weekly charts and see if there's any support around that 65-66 area for Monday.
XAGUSD

Replies (2)

K
katherineking81 PRO newbie Mar 22
Also, that 7% drop on Friday really caught me off guard though. I mean, I knew it was weak, but that fast? Seriously, I hope there's no crazy gap down on Monday morning. I'm already planning my next YOLO trade, and a big gap would mess everything up. I might just put in an order around 65, hoping it fills if we open low. Gotta catch that momentum.
K
katherineking81 PRO newbie Mar 22
Wait, I was thinking about that drop, and I did see that news about silver plunging over 6% and the $65 target. It's kind of insane how fast it moved. But honestly, for me, it's just a signal to go even bigger next week. That RSI is sitting at 30, which is practically begging for a bounce. If it dips near 65, I'm thinking of going full margin long. Why play small when you can go for the massive win? If it goes to 65, that's a huge opportunity to load up. I’m not scared of the volatility, that’s where the real money is made. We either go to the moon or it’s ramen for a month, but I’d rather risk it for the big payoff.
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