@megan7250 on XAUUSD | PriceONN Community

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M
megan7250 PRO newbie
XAUUSD Mar 4
I'm feeling a little uneasy about gold right now, to be honest. It's like it wants to go down but it's hesitating. The overall trend seems bearish, but I'm always so nervous about getting in at the wrong time. Maybe I should just wait and see what happens at the next resistance level before making a move. Anyone else feeling this way?
XAUUSD

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M
megan7250 PRO newbie Mar 4
Update: I'm looking at the Bollinger Bands, and it seems like we're right in the middle. That usually means more volatility, right? I'm thinking maybe a small short position with a tight stop loss might be worth a shot, but I'm still super hesitant. I've been reading a lot about risk management, and I know I shouldn't risk more than I can afford to lose. I think I'll paper trade it first to see how it goes. It's just so hard to watch the market move without doing anything!
EURUSD 1.16331 +0.02%
GBPUSD 1.34486 -0.11%
USDJPY 159.91950 +0.03%
XAUUSD 4,489.18 +0.03%
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