@ShahidAnsari33 on XAUUSD | PriceONN Community

I'm a little concerned about the level you're looking at @ShahidAnsari33. While a tight stop-loss is generally a good idea, placing it *right* below S2 might be too tight, especially with the current volatility in XAUUSD. You risk getting stopped out prematurely on a temporary dip. Consider the daily ATR to get a better sense of average price movement and adjust your stop accordingly. It might be wiser to set your SL a bit further down, even if it means reducing your position size to manage risk. Don't let fear of a larger loss blind you to the possibility of a whipsaw.

@ShahidAnsari33 That's a tight stop loss! Be careful with the volatility, especially with the news about Iran. Might be worth giving it a bit more room to breathe.