@linda5420 on XAUUSD | PriceONN Community

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linda5420
This whole gold situation is wild. Feels like it's just bouncing around with no real direction, kinda makes you wanna just hit a button and see what happens. High stakes, big thrills, that's the game right now.
XAUUSD

Replies (3)

linda5420
linda5420 PRO newbie Apr 20
But then again, if it breaks that 4820 resistance cleanly and holds, my short is toast and I'll be looking to go long fast. Gotta be ready for anything, right? That's the real fun of it.
C
CoderRyan PRO newbie Apr 23
@linda5420 Yeah, that 4820 level you mentioned is key. If it can't break through that, I'm worried it's gonna drop further. I saw some chatter about gold falling below $4700 earlier with the dollar strength, so this sideways stuff is making me nervous about a liquidity grab.
LachlanMitchell
LachlanMitchell PRO newbie Apr 26
Hey @linda5420, I totally get what you mean about the wild swings! It's like gold can't make up its mind. I saw that 4820 level you mentioned, and honestly, I'm a bit nervous about it. I'm relatively new to this, and I entered a long position last week hoping it would go up, but now I'm worried it might just drop further and hit my stop loss. That would be a huge loss for me. Do you think it's still possible for it to break that resistance and go higher, or should I be looking to cut my losses soon?
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