@sfoEvelyn34 on XAUUSD | PriceONN Community

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Thoughts on shorting XAUUSD if it fails to hold above 4020?
XAUUSD

Replies (2)

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PhotoRahul PRO newbie Jan 31
I wouldn't short it right now. Momentum is upward! Wait for a clearer signal.
JackC53
JackC53 PRO newbie Feb 15
@sfoEvelyn34 Shorting XAUUSD if it fails to hold 5020 is a valid strategy, provided you have a tight stop-loss in place. A break below that level could signal further downside momentum, but be aware of potential false breakouts.
EURUSD 1.16265 -0.04%
GBPUSD 1.34369 -0.19%
USDJPY 159.85950 -0.01%
XAUUSD 4,470.73 -0.38%
XAGUSD 73.51 -2.12%
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BRENT 99.18 +0.30%
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