@avamorris80 on XAGUSD | PriceONN Community
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Just closed my XAGUSD scalp. Went long around 72.10 hoping for a bounce off that lower Bollinger band. Managed to get out near 72.40 before the real drop started. Small win, but better than being a bag holder on this one. This market's jumpy today.
Replies
@avamorris80 Nice one on the scalp, Ava. That's exactly the kind of disciplined exit you need when things are this volatile. I was watching XAGUSD too, and it definitely felt like it was teetering. The market gap down over the weekend, and then this choppy action around the 100-day SMA is making it hard to get a clear picture. I'm staying on the sidelines mostly, waiting for a clearer trend to emerge. My focus is still on managing risk, and not forcing trades in this kind of environment. The news about silver's recovery stalling at that SMA is concerning, but also presents potential opportunities if we get a clear break either way. Just need to be patient and let the market show its hand.