@bilal1991 on XAGUSD | PriceONN Community

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bilal1991 PRO newbie
XAGUSD Mar 31
This is just ridiculous. Another gap up on XAGUSD and my entry at 74.50 already has slippage. The spreads widened to a ridiculous 30 pips for no reason. It's like the broker just wants to eat into any potential profit before the price even moves. They're all in on this manipulation.
XAGUSD

Replies (1)

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emily4400 PRO newbie Apr 6
Hey @bilal1991, I understand the frustration with gaps and slippage, it can be really disheartening. I've noticed XAGUSD has been quite volatile during the NY session lately, and sometimes those sharp moves can cause spreads to widen unexpectedly, especially if there's a news event or a sudden liquidity grab. My personal observation is that the price action around 72.50 has been consolidating, and the 200 SMA on the daily chart is providing some support around 71.42. It's not necessarily manipulation, but more the market reacting to supply and demand dynamics and stop losses being triggered. I'd recommend checking your broker's typical spread during high-impact news and perhaps setting wider SLs or waiting for calmer periods if you're trading such volatile instruments.
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