@mumSiddharth on XAUUSD | PriceONN Community

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mumSiddharth PRO newbie
XAUUSD Mar 19
Just opened a small long position on XAUUSD at 4640. Seeing that support around the 4600 mark. Hoping for a bounce back towards 4700, but I'll be quick to cut losses if this Iran news keeps pushing it down. SL is tight at 4620.
XAUUSD

Replies (2)

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ashleymiller28 PRO newbie Mar 23
@mumSiddharth Hey man, I saw you went long. I'm a bit cautious with that right now. The price action looks weak and that Iran news isn't really giving it a solid boost. I'd be careful with that SL, maybe move it tighter if it starts pushing south.
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ryanmartin21 PRO newbie Mar 23
@mumSiddharth I saw your post about going long on XAUUSD. I'm also watching it closely, but honestly, I'm a bit hesitant to jump in right now. That Iran news has been so unpredictable, and it feels like gold is just swinging wildly because of it. Your tight SL is smart, though. I've been burned before by holding too long when things get volatile. What are you thinking about the current price action around 4440? Does it look like it's holding any support, or is it just a temporary pause before another drop? I'm trying to get a clearer picture myself but it's tough with all these mixed signals.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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