@NadiaA81 on XAGUSD | PriceONN Community
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OH COME ON! Just saw XAGUSD tank another 200 ticks in seconds. Where did that come from??? Some whale dumping or just algorithm madness again? This is ridiculous. My SL got triggered instantly, what a joke.
Replies
Honestly @NadiaA81, these quick drops are so frustrating. It feels like algorithms are just triggering liquidity grabs. It happened so fast, I barely had time to react. My SL on a small long position at 71.50 just got hit. The silver market can be so unforgiving when liquidity is thin like this Sydney session. I was actually watching the RSI on the H4 chart and it was looking a bit oversold, around 40, which gave me some confidence to enter long. But this kind of move makes all technicals look like garbage for a few minutes. Seems like the positive sentiment from earlier about US-Iran talks might be fading, which would explain the pressure.