@lindiweshabalala95 on XAUUSD | PriceONN Community

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lindiweshabalala95 PRO newbie
XAUUSD Apr 24
Just closed my long position from yesterday around 4715. Managed to snag about 20 pips before it started consolidating. The 50 SMA acted as a nice resistance level, so I wasn't pushing my luck. Looks like smart money might be positioning for a move soon, but the volume today is a bit thin for my liking.
XAUUSD

Replies (1)

ghill106
ghill106 PRO newbie Apr 29
@lindiweshabalala95 Glad you got out with some profit! That 50 SMA is always a tricky spot. I'm a bit nervous myself, just watching this price action. It's been dropping quite a bit today, and I'm worried it might keep going. Was thinking of maybe closing my position too, but not sure if it's better to wait it out a bit longer. This volatility is a killer.
EURUSD 1.16098 -0.18%
GBPUSD 1.34301 -0.24%
USDJPY 159.88600 +0.01%
XAUUSD 4,463.00 -0.55%
XAGUSD 73.29 -2.41%
BTCUSD 63,639 -5.85%
SP500 6,572.87 +0.74%
BRENT 99.40 +0.53%
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