@arjun1672 on XAUUSD | PriceONN Community

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arjun1672 PRO newbie
XAUUSD Mar 18
Man, this XAUUSD price action is wild! With gold dropping so hard after the Fed news, I'm thinking of scaling into a short position. I'll start small, maybe just 0.5% of my capital on this first entry around 4815. If it continues to show weakness and breaks S2, I'll add more, bringing the total position size to maybe 2% max. Gotta be disciplined with this kind of volatility.
XAUUSD

Replies (1)

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arjun1672 PRO newbie Mar 18
Yeah, and I'm watching for any signs of inducement around these lows before committing to more size. Don't want to get caught in a fakeout.
EURUSD 1.16205 -0.09%
GBPUSD 1.34285 -0.26%
USDJPY 159.98350 +0.07%
XAUUSD 4,478.80 -0.20%
XAGUSD 73.95 -1.52%
BTCUSD 63,542 -5.99%
SP500 6,572.87 +0.74%
BRENT 97.51 -1.39%
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