@matthew5493 on XAGUSD | PriceONN Community
Alright, so I'm watching the 69.50 area for XAGUSD. If it breaks that resistance clearly, I might add to my long position. But I'm scaling in super slow, only 10% of my usual size. If it turns around and hits 68.50, I'll likely cut that small addition. Gotta be careful with this volatility, especially with all the talk about the Fed tightening. 📉
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Also, I need to remember the news about gold recovering from those lows due to the Iran situation easing up. That definitely gave silver a little boost too, even if it's not making huge moves yet. So even if we get a dip to 68.50, I'm not expecting a total crash if that geopolitical stuff stays quiet.