@AminahSalleh66 on XAGUSD | PriceONN Community
A
okay, so XAGUSD really showing weakness today. That 2.67% drop is no joke. i'm looking at this as a potential short opportunity if it fails to reclaim the 86.24 bollinger lower band. we're already below S2 at 86.86, which is a strong bearish signal.
my plan would be to enter a short position if it consolidates below 86.00 and shows no signs of bounce. TP could be around 84.50, maybe even 83.00 if the momentum continues. SL around 86.50 to manage risk. this aggressive move down screams more downside tbh.
my plan would be to enter a short position if it consolidates below 86.00 and shows no signs of bounce. TP could be around 84.50, maybe even 83.00 if the momentum continues. SL around 86.50 to manage risk. this aggressive move down screams more downside tbh.