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Well, that was anticlimactic. Opened a long position on gold this morning at 5175 thinking it was gonna bounce off that SMA50. Nope! Hit my stop-loss at 5165. Down 10 pips. Guess I'll stick to coffee for now, lol. Anyone else get burned?
Update: I'm thinking maybe it was a fakeout? Seeing some bullish divergence on the RSI now, but I'm hesitant to jump back in right away. Might wait for a confirmed break above 5180 before considering another long position. FOMO is real, but gotta resist!
