@DanielTaylor on XAGUSD | PriceONN Community

Thinking more about Isabella's scaling-in approach. For silver right now, that seems risky. The trend is clearly bearish, and the RSI is screaming oversold but still has room to drop. Trying to scale into a falling knife is usually a losing game unless you're extremely precise with your stops. With the current market conditions, I'd rather wait for clear signs of reversal, maybe a bullish engulfing candle on the daily or a break back above that broken 50 SMA. Until then, it's safer to stay on the sidelines. I'm personally not looking to add any positions until we see some stabilization, maybe around the 65-66 area if that S2 pivot gives way. Definitely don't want to catch any more falling FVG's lol. Gotta respect the trend.

Also, I'm keeping an eye on that FVG around 68.50 from Friday's price action. If we do gap down, that area might act as resistance, or if we get a quick snapback, it could be a short-term entry. Just need to see how the market opens Monday. Hope it's not too wild. Maybe I'll just stay out first thing.