@RunnerFolake on XAGUSD | PriceONN Community

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R
Hey @aroberts545, congrats on that quick scalp! I actually jumped in for a long at 70.18 just before bed, hoping to catch a bit of this Sydney quietness. Seeing the price hover around the 70 handle, and with that news about silver potentially breaking $70 again, I figured it was worth a shot. Fingers crossed it holds while I sleep, otherwise my stop loss at 69.90 is gonna get hit.
XAGUSD

Replies (1)

R
RunnerFolake PRO newbie Mar 30
So yeah, I'm in this long position at 70.18 and it's currently sitting around 70.14, so not much movement. Honestly, I'm a bit nervous about this overnight. That news about Iran pushing the dollar higher is still in the back of my mind, and it feels like it could easily drag XAGUSD down. I'm watching the Bollinger Bands, and we're right at the middle band, which could go either way. The 50-day SMA is just a bit higher at 70.29, so that's a minor resistance I'm keeping an eye on. I really hope that bit about silver poised for further gains above $70 comes true, because if this dollar strength continues, my stop loss is really on the line. It's that typical late-night trading anxiety, you know? Just hoping for a calm session and no sudden drops.
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