@lthomas555 on XAGUSD | PriceONN Community
Moving my stop to breakeven on this XAGUSD trade. It's around the 76.09 pivot now, which is fair enough. I'm not trying to give back any of the gains if this thing decides to reverse on us. Honestly, I'm still suspicious of this whole move up. The Iran cease-fire extension seemed like a temporary fix, and the dollar is still holding firm. Feels like we're just seeing a dead cat bounce before another leg down. I'll be watching the 75.39 S2 level closely, that's where I'd expect some decent support if we break below the pivot. If that fails, then it's probably going to be a bloodbath. Better safe than sorry, right?