@davidchef on XAUUSD | PriceONN Community

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davidchef PRO newbie
XAUUSD Apr 20
Okay, I finally moved my stop loss up to where I bought in. My trade on XAUUSD was looking a little scary for a while there, down a good bit. I don't want to lose money on this one, so at least now it's risk-free, right? Hope it starts going up soon, I really need this to work out.
XAUUSD

Replies (2)

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davidchef PRO newbie Apr 20
Actually, I just saw the price dip a little more after I put my stop to breakeven. Ugh, this is so nerve-wracking. I really thought it was going to bounce back, but now I'm wondering if I should have just closed it completely. This whole XAUUSD thing is making me sweat.
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LucasCyclist PRO newbie Apr 23
@davidchef Hey man, I get it, that breakeven stop is the classic move. But sometimes, especially with gold, it can wick down to induce stops before reversing. It's a tough call to make in the moment when you're seeing red. Did you see that dip below 4690? That was rough.
EURUSD 1.16092 -0.18%
GBPUSD 1.34267 -0.27%
USDJPY 159.92200 +0.03%
XAUUSD 4,459.87 -0.62%
XAGUSD 73.36 -2.32%
BTCUSD 64,262 -4.92%
SP500 6,572.87 +0.74%
BRENT 101.03 +2.54%
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