@chloe2001 on XAGUSD | PriceONN Community

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Well, that was a fast stop out. Thought the Asian session consolidation would hold but nope. They just needed to clear out some bids around 79.50.
XAGUSD

Replies (1)

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daniel1665 PRO newbie Apr 20
Yeah @chloe2001, that's the game! They shake you out, then the real move happens. I saw that dip too, almost jumped in long thinking it was a fakeout. But then I remembered I'm already all-in short from way higher, so my hands were tied. Classic gambit, get the retail traders out, then rip it the other way. Or maybe they're just baiting us for another leg down? This XAGUSD is a slippery beast. Hope you can catch the next one, or better yet, caught this reversal if it's happening!
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%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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