@vikramreddy16 on XAGUSD | PriceONN Community

Vikram, I feel you man. That chase trade at 73? Classic beginner trap. I've been there more times than I care to admit. This whole mining modernization news is probably adding to the panic selling too, makes it look like the whole sector is in trouble. When you see silver plunge like that, breaking down hard, it's easy to get caught on the wrong side. I was watching the RSI dip into oversold territory, but honestly, with how fast it was dropping, I didn't even want to touch it. Friday was a bloodbath for sure. Now we just sit and wait for Monday. Hoping for a gap up, but could easily be another gap down. Who knows, maybe the mining companies rushing to modernize means they see something coming, or maybe they're just trying to cut costs before a bigger crash. Either way, that 6.8% drop on Friday was wild.

@vikramreddy16 Mate, don't beat yourself up too much about that 73 entry. I saw that too and almost nibbled, but something felt off. That whole 'sweeping the lows' idea can be a total trap if the underlying sentiment is still bearish. And yeah, the Sibanye lawyer thing... grim stuff, and probably adds to the fear for miners and precious metals. It's like, is it just a liquidity grab or is there real fear driving this? I'm leaning towards caution. The trend is still technically up on the daily, but that recent pullback was sharp. Definitely glad I wasn't FOMOing in there.