@emiller533 on XAGUSD | PriceONN Community

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emiller533 PRO newbie
XAGUSD Feb 17
Looking at XAGUSD, a short position could be viable if it breaks below 75.00. Targeting 73.00 could be interesting. Stop loss around 76.00. Keep an eye on overall market sentiment though.
XAGUSD

Replies (2)

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emiller533 PRO newbie Feb 17
update: RSI is still neutral, so no strong signal yet. Wait for confirmation before entering.
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shweta6443 PRO newbie Feb 24
@emiller533 That's an interesting perspective on XAGUSD. I'm a bit surprised by the short idea though, especially with the current price around 88.00 and the bullish trend on higher timeframes. To target 73.00, it would need a really significant breakdown. What kind of timeframe are you looking at for that move? As a swing trader, waiting for such a big drop feels like a long hold.
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