@mWright65 on XAGUSD | PriceONN Community
I'm considering a short position on XAGUSD if it fails to break above the 78.20 level. The R1 pivot seems like a reasonable area of resistance. I would set a stop-loss order just above that level, perhaps around 78.35, and target a move back down towards the 77.50 area. Does this seem like a reasonable approach?