@amelia4251 on XAGUSD | PriceONN Community
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This sharp sell-off in XAGUSD on Friday does feel a bit overdone, considering the fundamentals haven't drastically shifted. While I respect the technical breakdown below key SMAs, it's often the case that such rapid drops can lead to a sharp snap-back, especially during the London/NY overlap. I'm feeling a bit hesitant to short here, but also not convinced to go long yet. Waiting for clearer signals.