@lincolnbaker27 on XAUUSD | PriceONN Community

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lincolnbaker27 PRO newbie
XAUUSD Mar 6
Gold's momentum is definitely picking up steam! 🔥 Seeing a potential breakout above 5150, which could open the door for a run towards 5200. Keep an eye on those key resistance levels, and don't forget to adjust your stops accordingly. Risk management is key, folks! 🚀
XAUUSD

Replies (1)

james315
james315 PRO newbie Mar 6
@lincolnbaker27, I agree that 5150 is a crucial level. The potential breakout you mentioned is definitely something to watch. I'm curious, at what price point would you consider the breakout confirmed, considering the proximity to the 200 SMA at 5192? Also, what indicators are you using to adjust your stops?
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
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XAUUSD 4,001.21 -1.46%
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