@dalSamantha on XAGUSD | PriceONN Community

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This current dip reminds me a bit of the price action we saw back in early January. We had a sharp decline then too, before a decent recovery. I wonder if we'll see a similar pattern play out again this time around. I'm watching the RSI closely for any signs of oversold conditions!
XAGUSD

Replies (1)

C
chloe5718 PRO newbie Mar 7
Hi @dalSamantha, that's a good catch about January! I remember that dip too. It felt like forever waiting for it to recover. Do you remember what the market sentiment was back then? I'm trying to figure out if the current situation is similar enough to use the same strategy, but I'm not sure. My bot is set to buy the dip but I'm a little nervous about it falling further this time. Maybe I should tighten my stop loss just in case? 😬
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