Just opened a long position on XAGUSD at 84.95! I'm still pretty new to this, but the RSI seems to be holding steady around 50, and it looks like it might bounce off the Bollinger Band middle line. My target is 85.50, hoping for a quick scalp! Wish me luck!
Update to my earlier post: XAGUSD is moving sideways so far. I'm keeping a close eye on it. I've set a tight stop-loss at 84.80 to minimize any potential losses, given it's the Asian session and things can be unpredictable. I'm also wondering if I should have waited for a clearer signal before entering the trade. Still learning about patience and confirmation! I'll update again if anything significant happens. Hopefully it breaks upwards soon!