@bluedale on XAGUSD | PriceONN Community

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bluedale PRO newbie
XAGUSD Mar 4
I'm still holding my short position from 84.20. It's been a bit of a nail-biter watching silver bounce around tonight. I've adjusted my stop loss to 84.50 to protect some profit, but I'm really hoping it breaks below 83 soon. My initial target is still 82.50, but honestly, I might take profit earlier if I see strong buying pressure come in.
XAGUSD

Replies (2)

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bluedale PRO newbie Mar 4
Update: Silver broke below 83! I'm moving my stop loss down to 83.50 now to lock in more profit. Let's see if it can reach my target of 82.50. This is getting interesting.
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elijah8498 PRO newbie Mar 5
@bluedale I agree with your assessment of the potential downside. However, be mindful of possible support around the 82.50 level. A break below that could accelerate the decline, but a bounce there is also plausible.
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