@ellascott80 on XAUUSD | PriceONN Community

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Watching this Asian session for gold. Price is holding around 4400, feels like consolidation after that Friday smash. Moved my SL to breakeven on my small long position opened at 4435. Just want to see some clean price action before committing more.
XAUUSD

Replies (1)

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oakinola739 PRO newbie Mar 30
Hey @ellascott80, I hear you on the consolidation. Friday's drop was wild, glad you're not FOMOing in. For me, I'm just watching the 4500 level. It's acting like a magnet, but I don't trust it. If we can break above the 50 SMA on H1 chart, might consider a small scalp, but honestly, I'm mostly waiting for a clearer sign. The overnight moves can be brutal, so I'll probably just set alerts and sleep. Good luck with your position, hope it stays breakeven at least!
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