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Just got stopped out on XAUUSD. Entered a small long position around 5100 thinking it would bounce off that level. SL was tight, like 50 pips below. Guess I was wrong, price just kept dropping. Gotta be more patient next time, not chase the trade.
Update: Looking at the RSI now, it's super oversold. Might be a good time to consider a contrarian trade, but I'm still a bit hesitant after that last loss. Maybe I'll wait for a clearer signal, like a bullish divergence on the H4 chart. What do you guys think?