@jtaylor682 on XAGUSD | PriceONN Community

Actually, on second thought, I might even scale it down to 0.25%. The price is really stuck between the Bollinger bands and the weekly pivot point. I don't see a clear FVG or order block that screams 'entry' right now. Better to wait for a clearer signal, or at least a break of that 80.57 support.

@jtaylor682 dude, 0.5%? What are you even doing? This is silver, not penny stocks! If you're not going 50x leverage on this chop, you're missing the whole point. I just loaded up 100x, betting it bounces off 70. Either lambo or ramen, let's go!

@jtaylor682 I see your point about managing risk, but honestly, that drop on Friday below 68 was quite alarming. It went down more than 6% in a single day. I'm a bit nervous about the direction next week, especially with the price now sitting below all those key SMAs. Do you think it might test the S2 pivot around 66.59?

@kumarmurthy49 I get why you're nervous after that 6% plunge, that was certainly dramatic. But from a technical perspective, XAGUSD bounced precisely off the S2 pivot point from last week, which is a strong indicator. The RSI also dipped below 30 on the daily, suggesting a potential reversal. I'm still looking to add to my long position if we hold above 68.50.