@radhamenon69 on XAUUSD | PriceONN Community

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radhamenon69
radhamenon69 PRO newbie
XAUUSD Mar 8
Holding my long position over the weekend, but considering tightening my stop loss a bit. The volatility has been high. Don't want to get stopped out on a whipsaw. Good night all, see you Monday.
XAUUSD

Replies (1)

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ddavis192 PRO newbie Mar 11
@radhamenon69 I hear you on tightening the stop loss! Volatility is insane rn. I'm thinking of doing the same, but maybe trailing it instead of setting a fixed point? That way, if gold keeps pushing higher, I can still capture some of the upside. Plus, with the oil surge news potentially fueling inflation fears, gold could get a boost. But yeah, whipsaws are a real threat, gotta be careful. What indicator u using for your stop loss?
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