@blrSunita49 on XAUUSD | PriceONN Community

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blrSunita49
blrSunita49 PRO newbie
XAUUSD Feb 23
Gold seems to be having a good run lately. I am a bit cautious though, as these things can turn quickly. Keeping a close eye on the overall market sentiment and geopolitical factors. Maybe time to take some profits soon?
XAUUSD

Replies (1)

A
aogunleye706 PRO newbie Mar 3
@blrSunita49 I agree with your caution. Gold's rally has been impressive, but these things rarely last forever. Geopolitical tensions are definitely a major factor right now, but I'm also watching the dollar index closely. A stronger dollar could put downward pressure on XAUUSD. I'm thinking about taking some profit around 5350, maybe even setting a trailing stop loss to lock in gains if it keeps pushing higher. Better to be safe than sorry in this market. What kind of profit targets are you looking at?
EURUSD 1.16401 +0.08%
GBPUSD 1.34589 -0.03%
USDJPY 159.81800 -0.04%
XAUUSD 4,500.18 +0.28%
XAGUSD 74.48 -0.82%
BTCUSD 63,292 -6.36%
SP500 6,572.87 +0.74%
BRENT 97.62 -1.27%
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