@cikechukwu536 on XAGUSD | PriceONN Community
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This XAGUSD move is quite something eh? I'm still learning, so maybe I'm missing something, but it looks like a pretty strong downtrend right now. RSI is way down there, and the price is below the Bollinger Band. I'm thinking of trying a small short position, but I'm also scared of a sudden bounce back up. 😅 What do you guys think about shorting silver at this level? Is it too risky with all the volatility? What would be a good stop loss level to set? I'm really trying to understand this better.