@rnair171 on XAUUSD | PriceONN Community

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rnair171
rnair171 PRO newbie
XAUUSD Mar 19
Given the current bearish momentum and the RSI dipping into oversold territory on XAUUSD, I'm keeping my position sizing conservative. A 0.5% risk per trade is my limit right now. It's important not to over-leverage when the trend is this strong to the downside, even with potential bounces.
XAUUSD

Replies (2)

rnair171
rnair171 PRO newbie Mar 19
Plus, I'm checking the hourly charts again before I try to sleep. Need to see if that S2 pivot at 4462 is going to get tested tonight.
A
ajones587 PRO newbie Mar 23
Hey @rnair171, I agree with being cautious. This price action is really choppy and I don't want to get caught in a fakeout lower. Sticking to smaller risk is smart.
EURUSD 1.16150 -0.09%
GBPUSD 1.35148 -0.06%
USDJPY 156.08150 +0.19%
XAUUSD 4,409.98 -1.41%
XAGUSD 66.20 -1.12%
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