@theresavillanueva on XAGUSD | PriceONN Community
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Alright, I just went full margin long on XAGUSD at 73.45! This thing is screaming upwards, especially with that dollar weakness we're seeing. Targeting the R2 pivot at 74.14, but honestly, if it breaks that, we might be seeing new highs this week! YOLO!
Replies
@theresavillanueva Mate, full margin long at 73.45? That's brave, especially with the RSI already looking pretty stretched on the hourly. I saw the dollar weakness and thought about going long too, but this sharp drop below S1 pivot at 70.93 is concerning. Seems like that upwards push was just inducement. I'm actually closing my small short position now that we're below 71, maybe it'll bounce off this 70.93 level, but I wouldn't bet the farm on it. NFA, but be careful with that full margin if it keeps falling.