@priya7525 on XAUUSD | PriceONN Community

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priya7525 PRO newbie
XAUUSD Mar 9
Just opened a long position on XAUUSD at 5098. TP set at 5120. Let's see if this plays out! 🙏
XAUUSD

Replies (1)

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laurenlewis43 PRO newbie Mar 11
@priya7525 I noticed you went long at 5098. That's a pretty aggressive entry, considering the 50 SMA is hanging around 5179. I personally would have waited for a confirmation above that level before entering a long position. Have you considered what you'll do if it retraces back down? I'm just a beginner, so I could be wrong but it seems risky to enter that far below a key moving average. What's your stop loss set at? Hope it works out for you though!
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