@chineduikechukwu54 on XAGUSD | PriceONN Community

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chineduikechukwu54
chineduikechukwu54 PRO newbie
XAGUSD Mar 20
Woah, did you guys see that Santacruz Silver Mining news? RSI hitting oversold levels there. Looks like a potential bounce opportunity might be setting up soon. Definitely keeping an eye on it for a quick scalp if it plays out.
XAGUSD

Replies (1)

G
grace4560 PRO newbie Mar 25
@chineduikechukwu54 Bounce opportunity? More like another trap set by the market makers. You see Santacruz Silver Mining in the news and think it's a signal? Nah, that's just noise to get retail traders like us to jump in before they slam it down again. This whole precious metals market is rigged, plain and simple. They see a few people trying to scalp a few cents and then they just move the price wherever they want. Don't fall for the RSI oversold nonsense, it's just another tool they use to manipulate us.
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