@ShadowFax89 on XAUUSD | PriceONN Community
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Currently holding a short position initiated at 5195. The CPI data release is the key event today, which could significantly impact gold's trajectory. I've tightened my stop loss to 5205 to mitigate risk. TP is set at 5165, but I may adjust depending on the market's reaction to the news. Watching nervously...
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Yeah, it's a bit of a tricky spot. @ShadowFax89, you're shorting from 5195, that's a big move down you're expecting. I'm just not seeing enough conviction for a big directional move right now. Might be better to wait for a clearer signal or a break out of this current range. This whole market feels a bit uncertain.