@lwhite532 on XAGUSD | PriceONN Community
I've been watching this XAGUSD downtrend closely today. Opened a small short position earlier, and it's moving in my favor. Just moved my stop loss to breakeven plus a little slippage. Always good to secure some profit and eliminate risk, especially with the CPI data coming out later. Let's see if it continues lower!
Replies
Hey @lwhite532, good call on securing that breakeven. I'm also a bit wary with the CPI data coming up. Silver's been choppy, and trying to fight a downtrend today seems risky. I was thinking of maybe looking for a retest of that 80.80 resistance, but honestly, with the uncertainty, I might just sit this one out until after the Fed. Better safe than sorry, right?
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Good call on moving your stop to breakeven, @lwhite532! I should really start doing that more often. My trades always seem to go south right after I think I'm safe lol 😅