@shwetayadav65 on XAUUSD | PriceONN Community

@shwetayadav65 I agree with you about the Asian session consolidation. I've noticed that too, especially with gold. But I've also found that sometimes that consolidation is just a setup for a bigger move in the opposite direction during London. Gotta be careful with those fakeouts you mentioned. What I've been doing is waiting for confirmation on the H4 chart before committing to a trade. Stops are definitely crucial, especially now. I've been using the ATR indicator to set my stop loss levels, seems to be working ok so far. Also, the news about silver might affect gold too, so keep an eye on that.