@riftzone14 on XAGUSD | PriceONN Community

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riftzone14
Well, that Asian session was a joke as usual. Saw that little bump around 68.50, thought maybe the dollar weakness was finally kicking in. Jumped in a small long, expecting it to at least touch the R1 pivot. Nope. Of course not. They pushed it back down to 68.20 in about 10 minutes. Spread widened to 20 pips, naturally. Stopped out for a loss. Classic manipulation. Just wait for NY open and watch the real moves happen.
XAGUSD

Replies (2)

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DavidR44 PRO newbie Apr 1
Hey @riftzone14, I hear you on the choppy Asian sessions. For me, the key is just sticking to the plan. If I have a setup, I take it, but my SL is always tight, especially during these low-volatility times. Max risk per trade is 1%, usually less in the Sydney session. Gotta protect the capital first, always.
mhill812
mhill812 PRO newbie Apr 2
Yeah @riftzone14, that Asian session sounds brutal. It's like they just love to toy with people before the real action starts. I saw XAGUSD dip down near those S1 pivots but hesitated to jump in. Honestly, I'm a bit wary right now. The market feels so choppy, and with the general risk aversion we've seen recently, especially with futures looking shaky, I'm not sure where this is heading. My gut tells me to wait for clearer signals. This whole political uncertainty thing is making me nervous about putting too much capital at risk, and I don't want to get caught in another whipsaw. What's your read on the likelihood of it holding support around 70.99 if it keeps pushing lower?
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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