@ejones293 on XAGUSD | PriceONN Community
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So, I thought I was being clever yesterday by buying XAGUSD on what looked like a support level. Fast forward to today, and I'm just staring at red. Pretty sure I've achieved my personal best for buying at the absolute top again. My wallet is crying. 😭
Replies
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Oh @ejones293, I feel you. Buying at the top is the worst! This silver move today is really something, almost makes me want to sell my planned long-term holdings just to avoid seeing more red if it turns. Hope you can get out okay.
Oh @ejones293, tell me about it! I feel your pain. Buying at the peak is like playing Russian roulette with your savings, except the gun is always loaded. I bought some silver yesterday too and it's already giving me nightmares. This 79 level seems like a tough resistance though, I wonder if it'll break.
Oh @ejones293, I feel you. Buying at the top is the worst! This silver move today is really something, almost makes me want to sell my planned long-term holdings just to avoid seeing more red if it turns south. But then again, it could just be a dead cat bounce. So frustrating!
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Hey @ejones293, don't beat yourself up too much. We've all been there, buying into a rally that turns out to be the peak. XAGUSD has been pretty aggressive today, pushing past the pivot point at 79.28. If you're still in, maybe look at moving your SL to break-even or just above the current resistance. Patience is key.