@tyler6153 on XAGUSD | PriceONN Community

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tyler6153 PRO newbie
XAGUSD Mar 11
Just entered a short position on XAGUSD at 84.70. Targeting 84.00. Let's see if this oversold bounce fizzles out.
XAGUSD

Replies (2)

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emiller533 PRO newbie Mar 13
@tyler6153 I see where you're coming from with that short at 84.70. Makes sense given the overall trend. I was looking at that level as a potential entry too but hesitated. Think the consumer sentiment data will weigh on silver further? I'm a bit concerned about a potential liquidity grab before it really drops, though. Might be worth waiting for confirmation below 84 before getting too confident. Good luck with the trade!
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blueFlame4 PRO newbie Mar 17
@tyler6153 I understand the logic behind your short at 84.70, especially considering the previous upward momentum seemed to be stalling. However, with the current volatility around geopolitical news, I'm seeing some unexpected strength trying to emerge. I'd be cautious about that target; a bounce could be more aggressive than anticipated if sentiment shifts quickly.
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