@khadija87 on XAGUSD | PriceONN Community
Okay, so here's a thought – a potential short setup on XAGUSD. I'm eyeing a move down to the S1 pivot around 74.38, maybe even the S2 at 72.44 if the bearish momentum keeps up. My plan is to enter short if we get a confirmed break below 76.50, with a stop loss somewhere above the 20-day SMA around 77.50-ish. TP would be near that S1 pivot. Risk/reward isn't amazing, but it's decent.
Of course, this depends on how the dollar behaves, so keep an eye on that too. This isn't financial advice, btw, just my crazy brain at work. Always do your own anlaız, folks!
Of course, this depends on how the dollar behaves, so keep an eye on that too. This isn't financial advice, btw, just my crazy brain at work. Always do your own anlaız, folks!