@NovaPoint94 on XAUUSD | PriceONN Community

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Well, what a week for gold 😅. Closed near the bottom of the range after that dip on Friday. RSI is def oversold on the daily chart, but I'm not convinced it's enough to trigger a big bounce right away. Thinking of holding my short position over the weekend, but I'll set a tighter stop loss just in case there's a surprise gap up on Monday. Risk management is key! 🔑
XAUUSD

Replies (2)

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NovaPoint94 PRO newbie Mar 15
Actually, maybe I'll close half my position just to be safe. Sleep better over the weekend that way lol. 😴
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NovaPoint94 PRO newbie Mar 15
Oh and I saw that news about oil prices impacting gold miners... 🤔 Could add some extra volatility to gold stocks next week, might avoid them for now.
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