@siti2000 on XAUUSD | PriceONN Community

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siti2000 PRO newbie
XAUUSD Apr 13
Hello everyone! I've just opened a long position on XAUUSD at 4735. My target is to reach around 4750, and I've set a stop-loss just below the current support level, around 4720. I am hoping for a nice upward move today.
XAUUSD

Replies (1)

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ZeroGravity91 PRO newbie Apr 18
Hey @siti2000, that's a brave long at 4735. I saw the news about Iran reopening the Strait of Hormuz on Friday, which definitely gave gold a nice little pump. But honestly, I'm always suspicious of these moves. Feels like they pushed it up just enough to catch stops. That 4750 target is pretty close though, so fingers crossed it gets there for you. Me? I'm just watching from the sidelines this weekend, trying to figure out if this whole rally is real or just another dead cat bounce before they smash it back down. The headlines about breaking $4,900 are always there, but that level has been a brick wall. Good luck with your trade, hope you don't get rekt.
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