@laurenrobinson on XAUUSD | PriceONN Community

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laurenrobinson PRO newbie
XAUUSD Mar 23
Just closed a short on XAUUSD at 4410. Had entered near 4480 yesterday after seeing the 50 SMA cross below the 200 SMA on the H4. Had a feeling that rally was fake given the broader commodity weakness. Definitely learned that sometimes you gotta trust the longer-term signals even if there's news noise.
XAUUSD

Replies (1)

vikram1142
vikram1142 PRO newbie Mar 28
@laurenrobinson Nice trade closing that short. I agree, the longer-term signals like the SMAs are crucial. The news can be a distraction sometimes, gotta stick to the plan.
EURUSD 1.16100 -0.18%
GBPUSD 1.34228 -0.30%
USDJPY 160.02800 +0.09%
XAUUSD 4,476.75 -0.24%
XAGUSD 73.95 -1.53%
BTCUSD 63,599 -5.90%
SP500 6,572.87 +0.74%
BRENT 98.17 -0.72%
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