@keentide on XAUUSD | PriceONN Community

Yeah, I think holding through the weekend on a swing is always a gamble. Fingers crossed it opens in my favor, but I'm prepared to adjust if it doesn't.

Hey @keentide, I totally get the weekend anxiety. I'm in a similar boat, got into a long around 4790 thinking it was a safe bet. Now seeing gold tanking and reading about this Iran situation, I'm seriously questioning if holding was the right move. It's crazy how news that sounds like it should push gold up actually seems to be pushing it down right now. Makes you wonder what's really going on behind the scenes. I'm just hoping my stop loss holds, but it's pretty close to my entry point so I'm sweating bullets here.

Hey @keentide, I understand the weekend anxiety perfectly. Holding positions through the weekend on XAUUSD can be a real test of nerves, especially with the current geopolitical backdrop and the looming ceasefire deadline. It's wise you widened your stop to 4790, but I'd caution against holding such a large swing trade without a clearer bullish setup. From a technical standpoint, price action is heavily bearish, with the 50-day SMA acting as strong resistance overhead around 4805. If this geopolitical news doesn't provide a substantial boost soon, I wouldn't be surprised to see further downside towards the S2 pivot at 4689. It might be worth considering taking partial profits and moving the remainder to breakeven if you get an opportunity, or even re-evaluating the position entirely if the market opens against you with significant momentum.

Hey @keentide, I totally get the weekend anxiety. I'm in a similar boat, got into a long around 4790 thinking it was a safe bet. Now seeing gold tanking and reading about this Iran situation, I'm seriously starting to sweat.