@novapoint947 on XAGUSD | PriceONN Community

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novapoint947
This XAGUSD move is making me a bit uneasy. It bounced off that lower pivot point, which is good, but that big drop yesterday still has me second-guessing. Is anyone else feeling a bit nervous about holding any positions right now? I'm just watching it closely.
XAGUSD

Replies (1)

novapoint947
novapoint947 PRO newbie Apr 3
Actually, thinking about it more, the fact that it bounced off that S2 level is kind of interesting. Maybe it's not a dead cat after all. My main concern is that big red candle from yesterday, it looked pretty scary. If it can hold above, say, 72.50 for the next few hours, I might consider a small long. But the risk is still definitely there, especially with how volatile things have been lately. I just don't want to get caught on the wrong side of another big move.
EURUSD 1.16061 -0.21%
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XAGUSD 73.22 -2.51%
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