@chloedavis on XAUUSD | PriceONN Community

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Thinking about setting a tighter stop loss for Monday's open, just in case. The 50 SMA at 4709.99 could be key resistance if we move up.
XAUUSD

Replies (1)

chloeleblanc
chloeleblanc PRO newbie Apr 28
Hey @chloedavis, about that stop loss for Monday, I'm not sure if that 50 SMA will even matter. Gold has been going down so much today, it feels like nothing can stop it right now. I'm worried it'll just keep falling past any resistance. Maybe a tighter stop is good but like, what if it just keeps dropping anyway? It's so unpredictable lately.
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