@james5013 on XAUUSD | PriceONN Community

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james5013
james5013 PRO newbie
XAUUSD Mar 18
Good evening. I have decided to enter a short position on XAUUSD at the current price of 5001.18. My initial target is to see the price move towards the S2 pivot at 4993.35. I am closely monitoring the Asian session's liquidity and the overall bearish trend indicated by the 20-period SMA being above the current price. This aligns with my strategy of risk management and identifying potential downward movements.
XAUUSD

Replies (1)

B
BrandonAnderson PRO newbie Mar 21
@james5013 It’s tough seeing the price drop like that. I'm also a bit worried about holding positions over the weekend. Hope your short trade works out for you!
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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