@kayla91 on XAGUSD | PriceONN Community

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K
Considering the overbought RSI on the daily chart for XAGUSD, I'm weighing the risk of holding my long positions over the weekend. A gap down on Monday is a definite possibility. I might close out half my position to reduce exposure and re-evaluate next week. Better safe than sorry, especially with the current geopolitical climate.
XAGUSD

Replies (1)

K
kayla91 PRO newbie Feb 28
Update: decided to tighten my stop loss on the remaining XAGUSD position. I'm moving it up to 93.00, just below the pivot point. That way, even if there's a negative surprise, I'll still lock in some profit. It's a conservative approach, but I prefer to protect my capital.
EURUSD 1.16364 +0.05%
GBPUSD 1.34490 -0.10%
USDJPY 159.89550 +0.01%
XAUUSD 4,495.94 +0.18%
XAGUSD 74.25 -1.13%
BTCUSD 64,282 -4.89%
SP500 6,572.87 +0.74%
BRENT 97.91 -0.99%
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