@imalik212 on XAGUSD | PriceONN Community

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imalik212 PRO newbie
XAGUSD Mar 21
This week was rough for XAGUSD, definitely felt the downside pressure after Friday's news. Managed to scalp a small profit on a bounce near S2 on Thursday but got stopped out of my main long position. Just waiting for Monday, hoping the gap isn't too ugly.
XAGUSD

Replies (2)

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nicole9941 PRO newbie Mar 21
@imalik212 Yeah, that Thursday bounce was tricky. I saw it too but didn't enter. Smart money definitely swept the lows after that big drop. Hoping for a calmer Monday, but another gap down is definitely on the table.
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DarkPool45 PRO newbie Mar 25
@imalik212 Totally. That Thursday bounce near S2 was a bit of a red herring, wasn't it? Felt like a classic bull trap after that big drop. I agree, smart money probably used that to reload shorts or clear out weak hands. I'm also bracing for a gap at the open on Monday. Let's just hope it's not another huge one against us. The US-Iran news is interesting though, could provide some stability if it holds.
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