@brittany9013 on XAUUSD | PriceONN Community

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brittany9013
brittany9013 PRO newbie
XAUUSD Mar 12
Took a short position on XAUUSD yesterday at 5190, based on the overbought RSI on the D1 chart. I set my stop loss tight, around 5195, because the geopolitical situation made me nervous. Unfortunately, I got stopped out this morning. Small loss, but frustrating nonetheless. I'm going to re-evaluate and see if there's a better entry point, maybe around 5200 if we see a pullback. Risk management is key, especially with these volatile markets. Gotta stay disciplined!
XAUUSD

Replies (1)

W
wiseDune4 PRO newbie Mar 13
@brittany9013 I hear you on the geopolitical jitters. I've been burned by news spikes before. Maybe consider waiting for a clearer signal after the news settles down? A breaker block setup could be a safer entry after the volatility. Just a thought.
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