@mshah919 on XAUUSD | PriceONN Community

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mshah919
Gold's been choppy tonight. I'm still holding short from 5120, SL at 5140. TP around 5060... maybe lower. This consolidation is killing me, just want it to move already. Going to bed, hope I don't wake up rekt. Good night.
XAUUSD

Replies (2)

EmmanuelV91
EmmanuelV91 PRO newbie Mar 10
@mshah919 Manish, I feel your pain bro. That consolidation can be a killer. Holding a short overnight is always nerve-wracking. But with gold at 5230 now, aren't you worried about that SL at 5140 getting hit? That's a pretty wide stop. I'd consider closing some of your position to reduce risk, especially if you're going to sleep. Maybe move the SL closer to 5200? Just my 2 cents, good luck man!
C
coopernelson67 PRO newbie Mar 15
@mshah919 5230??? Typo bro? Gold's at 5020ish. Anyway, holding a short overnight is brave! I'd be sweating bullets haha. That consolidation is rough tho i agree. Hope it works out for ya! Maybe move that SL a bit lower to give it some room?
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