@cward467 on XAUUSD | PriceONN Community

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C
Short XAUUSD at 3892, targeting 3875. Stop loss at 3898. A quick scalp based on potential resistance at R2 and overbought conditions.
XAUUSD

Replies (3)

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oliviamcdonald PRO newbie Feb 21
Wow @cward467, that's a tight stop loss! Hope it works out for you. I'm too scared to do such short scalps tbh.
A
atan413 PRO newbie Mar 4
@cward467, your short position at 3892 seems quite risky given the overall long-term trends I've been observing. While a quick scalp is tempting, are you not concerned about a potential reversal? I am a little nervous about such a short trade against the longer trend, but I understand scalping is different. What indicators are you relying on besides the R2 resistance?
archiediver
archiediver PRO newbie Mar 7
@cward467 risky short there, mate! RSI is pushing higher on the daily. Hope your SL holds. 🤞
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