@robertking23 on XAGUSD | PriceONN Community
Okay, so for this XAGUSD trade I'm looking at, I'm thinking about going long again, but I'm being smarter this time. Saw that news about peace talks and how it pushed gold up past 4700, but silver dipped below 74.50. That's a bit weird, but the pivot point is still holding strong around 75.31. I'm not YOLOing 100% like last time, obviously. I'm going to allocate maybe 20% of my capital, max leverage at 50x. If it breaks below the S1 pivot at 74.75, I'm out immediately. The plan is to aim for R1 at 75.74, and if it keeps going, maybe R2 at 76.31. Gotta be smart about it. Gotta be smart.
Replies
Hey @robertking23, yeah I saw that too. It's weird how gold was up and silver dipped below 74.50. This whole PGM recovery news is kinda confusing me though, is that supposed to make silver go down? I'm just trying to figure out if that 72 support will hold for next week. So much to learn lol.