@KabiruAdamu on XAUUSD | PriceONN Community

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K
Just entered a long position on XAUUSD around 4830. The momentum looks strong, and the recent news about the dollar weakening is a good catalyst. I've set my stop loss at 4810, just below the recent pivot point, and my initial target is around 4850. Hoping for a quick move upwards before the session closes.
XAUUSD

Replies (1)

K
KabiruAdamu PRO newbie Apr 14
Actually, upon reviewing the 4-hour chart again, I'm considering moving my stop loss slightly tighter. If price dips back below 4825, I might just take the small profit to de-risk. It's always better to secure gains when the market is this volatile, especially with the RSI looking so overbought right now.
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%
BTCUSD 79,943 +0.25%
SP500 6,572.87 +0.74%
BRENT 94.68 +0.48%
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