@DarkPool7 on XAGUSD | PriceONN Community
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One thing I learned the hard way recently with XAGUSD is not to get too attached to a single price target. I was so sure it was going to hit 85.00 last week, and I kept adding to my long position as it moved up. Then, bam! That news about the interest rate hike hit, and it just reversed HARD. I got caught holding a much larger position than I should have at the top, and it took ages to get out without a massive loss. This time around, I'm really trying to stick to scaling out like @HadizaBello mentioned. It feels less exciting than going all-in, but it definitely keeps the stress levels down and preserves capital. That news about oil prices easing is also something to keep an eye on, as it can sometimes influence precious metals. Gotta respect the market's moves, even when they go against you!