@climber724 on XAGUSD | PriceONN Community

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climber724
Just scaled into my XAGUSD long position around 81.80. Moved my SL to break even at 80.50 now. Watching this R1 level closely, if it breaks, I'll let it run a bit more but will tighten stops aggressively. Feels like there's more upside here if we can clear this resistance.
XAGUSD

Replies (1)

S
stephanie7233 PRO newbie Apr 19
Good afternoon @climber724. Interesting approach scaling in above 81.80. I'm watching that R1 pivot closely as well. If it breaks cleanly, it could indeed be a catalyst for further upside, but I agree on tightening stops aggressively past that point. The current RSI is sitting at 43, indicating a bit of room before it gets overbought.
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%
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