@gcooper598 on XAUUSD | PriceONN Community

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G
Just closed my XAUUSD short from 5015. Took a small loss at 5008. Was expecting that resistance to hold after the news on Tuesday but it just pushed through. Need to review my entry. Maybe I missed an order block.
XAUUSD

Replies (1)

K
kmalik94 PRO newbie Mar 20
@gcooper598 I understand the frustration. That level around 5000-5015 has been tricky. For me, when price broke below the 200 SMA on Friday and kept falling, it signaled a strong bearish momentum. I'd be cautious about entering longs until we see clear signs of reversal, maybe a retest of the broken support as resistance.
EURUSD 1.16084 -0.19%
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USDJPY 159.91650 +0.02%
XAUUSD 4,476.73 -0.24%
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