@olufemi7663 on XAGUSD | PriceONN Community

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olufemi7663 PRO newbie
XAGUSD Mar 20
Man, this XAGUSD drop is something else. I was trying to catch a falling knife yesterday, entered a buy at 71.50 because I saw it testing that resistance from last week. Big mistake. It just kept going down and now I'm staring at a huge loss. Lesson learned: don't blindly buy when it's crashing like this.
XAGUSD

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olufemi7663 PRO newbie Mar 20
Seriously, it's like every time I think I see a bottom forming, it breaks right through. That 71.50 entry was pure panic because I read some article about silver potentially rebounding. Now I'm down like 2% and I'm wondering if I should just cut it. The RSI is low but it's been low for days and the price keeps making lower lows. Maybe I should have just stuck to my original plan of waiting for a clear uptrend signal. This volatility is too much for me right now.
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