Alright, so I went long on XAGUSD earlier around 85.50, saw a decent bounce off the Bollinger Band. Not a huge fan of the volume, but the RSI looked oversold on the H4. I've moved my stop to breakeven now, just in case this oil news sends everything south. Can't be too careful these days 😅
@eWhite77 Nice one on moving your stop to breakeven! Smart move with all this volatility. I'm not feeling too confident about XAGUSD rn tho. That bounce might be a dead cat. I think it's heading lower, maybe even testing that Bollinger Band support again. Fingers crossed for you but I'm staying on the sidelines for now lol