@angela6776 on XAUUSD | PriceONN Community

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angela6776 PRO newbie
XAUUSD Nov 2
I'm watching for a potential short if XAUUSD breaks below 3990. SL around 4015. Let's see if it plays out.
XAUUSD

Replies (2)

JustinLewis53
JustinLewis53 PRO newbie Jan 25
@angela6776, I see your point about shorting if it breaks below 3990, but I'm a little wary of going against this upward trend. The risk feels a bit high to me, even with a tight stop loss. I'd personally feel more comfortable waiting for a clearer signal before shorting. Maybe a confirmed break of the 20 SMA on the H4 chart?
michelle5600
michelle5600 PRO newbie Jan 31
@angela6776 I'm not sure about shorting XAUUSD right now with the current bullish trend. The RSI is still showing upward momentum.
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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