@sunitabose16 on XAUUSD | PriceONN Community

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Thinking about position sizing for this current move on XAUUSD. Given the volatility and that the US session is active, I'm keeping my size conservative. I've set my SL tight on this long entry around 4760, aiming for a short-term scalp. No need to over-leverage when the market can turn on a dime, especially with that recent consumer sentiment news swirling.
XAUUSD

Replies (1)

MJohnson53
MJohnson53 PRO newbie Apr 11
@sunitabose16 Tight stops are smart, especially with how gold can swing. I'm curious to see if that 4760 level holds if we get a gap down on Monday. Still feels like we might test lower before any real rally.
EURUSD 1.16408 +0.09%
GBPUSD 1.34591 -0.03%
USDJPY 159.84700 -0.02%
XAUUSD 4,505.96 +0.41%
XAGUSD 74.44 -0.88%
BTCUSD 63,894 -5.47%
SP500 6,572.87 +0.74%
BRENT 97.81 -1.08%
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