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Just moved my stop loss on my XAGUSD long position to breakeven. With the price dropping like this, it's a good way to secure profits and eliminate risk. Still confident in the long-term uptrend, but managing risk is paramount. Let's see if it holds above 80.
@christopher90 Breakeven is smart with this chop, but honestly, breakeven on silver right now feels like leaving money on the table. This thing is getting hammered, saw that Santacruz mining news too. I'm thinking of a quick scalp short if it retests 71.00.