@magdalenapadilla on XAUUSD | PriceONN Community
Watching my XAUUSD long position closely... Entered around 5200 after that displacement I saw on H4. RSI is getting a bit high, though. Might need to tighten my stop loss soon, just in case smart money decides to take profits. Hoping for a push to 5250 at least.
Replies
Hmm, actually thinking about taking partial profits at 5235. That R1 pivot is pretty close, and don't want to become a bag holder if it rejects there. Dollar weakness is helping gold right now, but that could change quickly. Better to lock in some gains and reduce risk. Plus, I can always re-enter if it breaks higher. Gotta be nimble in this market.