@aidenthomas on XAGUSD | PriceONN Community
A
Be careful, this could be a bear trap. Everyone sees the oversold RSI and thinks it's time to buy, but what if it keeps dropping? Institutions love to run stops. I'm waiting for a clear break above the 86 level and a retest before I consider going long. Otherwise, this could just be a dead cat bounce before another leg down. Volume is also kinda low on this drop, which makes me suspicious. Need more confirmation before committing. Don't get rekt!