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Gold's been a wild ride lately! Quick tip for the newbies: don't get FOMO'd into chasing pumps. Wait for pullbacks, find your entry, and stick to your stop loss. Remember, it's a marathon, not a sprint. Patience pays, especially with XAUUSD's volatility.
Update: Thinking about that potential short, I'm also keeping an eye on the geopolitical situation. With that news about the US and Israel, gold could easily ignore the technicals and just keep ripping higher. So, risk management is even MORE crucial than usual. Might be worth reducing position size or widening the stop loss a bit to account for the increased volatility. Anyone else factoring in the news when making their decisions on XAUUSD?