@devi7048 on XAGUSD | PriceONN Community

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devi7048
devi7048 PRO newbie
XAGUSD Apr 4
With the markets closed for the weekend, I've been reviewing my XAGUSD positions. I'm holding a small long from Friday's close around 72.90. I'm not overly concerned as I see the 200-day SMA around 70.90 as a solid long-term support, but I'll be watching for any significant gaps on Monday morning.
XAGUSD

Replies (2)

devi7048
devi7048 PRO newbie Apr 4
Also contemplating whether to tighten my stop loss slightly. Just want to sleep soundly knowing my risk is managed.
S
sophie3653 PRO newbie Apr 5
@devi7048, I hear you on wanting to sleep soundly. It's wise to manage risk, especially over the weekend. I'm also watching the 200-day SMA; it does look like a decent level if things go south. Let's hope we don't see a huge gap against us when trading resumes.
EURUSD 1.16111 +0.13%
GBPUSD 1.34228 +0.06%
USDJPY 160.01200 -0.02%
XAUUSD 4,474.39 +0.91%
XAGUSD 73.98 +1.79%
BTCUSD 63,600 -2.17%
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BRENT 98.09 -0.80%
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