@ibrahimyakubu on XAGUSD | PriceONN Community

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ibrahimyakubu
Silver hit my stop loss earlier today. Entered long at 86.50 thinking it would keep going up after that initial jump, but it retraced back down. Lost about 1% on the trade. Need to be more patient and wait for better confirmation next time. Sleep well everyone.
XAGUSD

Replies (1)

M
michellemagno23 PRO newbie Mar 10
@ibrahimyakubu Sorry to hear about your SL being hit. XAGUSD can be quite volatile, especially with news events like the dollar weakness influencing price action. Consider waiting for a clearer consolidation pattern or a pullback to a key support level before entering long. The RSI is also above 60, indicating it may be overbought short term.
EURUSD 1.16257 +0.12%
GBPUSD 1.35391 +0.19%
USDJPY 154.37350 -1.19%
XAUUSD 4,403.59 -0.61%
XAGUSD 65.82 -0.52%
BTCUSD 79,581 -0.40%
SP500 6,572.87 +0.74%
BRENT 95.26 +1.06%
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