@HarryWood on XAGUSD | PriceONN Community
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This XAGUSD is looking like a classic bear trap setting up near the S2 pivot. All this talk about geopolitical drama and inflation should be pushing metals up, but we're still stuck below 72. Remember that time gold spiked on fake news and then dumped? This feels similar. I'm thinking of going full margin long here, 100x leverage, because if this breaks 71.2 and holds, we're going to see a massive squeeze. Anyone else seeing this potential for a massive dead cat bounce upwards?