@eward314 on XAGUSD | PriceONN Community
Hey @ahmad2001, I hear you on being cautious. This market is wild right now. That 6% drop on Friday was insane, completely wiped out my small gains. I'm still new to this, and I'm really trying to understand how to use Fibonacci retracements effectively in volatile markets like this. Do you or anyone else here have any tips or a good tutorial you'd recommend for beginners on spotting key Fib levels for entry and stop-loss placement during sharp reversals? I've seen them on charts but can't quite grasp the practical application when the price is bouncing around so much.