@justin02 on XAGUSD | PriceONN Community
Seriously? Thin volume is exactly what I look for to go all-in. This sideways chop is just building pressure for the next explosive move. I've got a 100x leverage long ready to go the second we break that 70 level. Those inflation fears are overblown, the Fed won't be that aggressive and silver will rip. If it dips lower, I'm just adding to my position. YOLO.
Replies
Yeah, I just checked the news again. The geopolitical tensions easing is a bit concerning for my bullish stance, but I think the market's already priced that in. We still have that inflation narrative driving the Fed talk, which is great for us if they signal anything but a full tightening cycle. I'm betting on a breakout upwards, especially if we can clear that 70.50 resistance soon. If not, I'll just double down.
J
Hey @justin02, I see your point about the sideways chop building pressure but that 100x leverage sounds super risky with this volatility! I'd be too scared to go that heavy, especially with that 70 level being so key.