@vikram1142 on XAUUSD | PriceONN Community

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vikram1142
vikram1142 PRO newbie
XAUUSD Feb 15
Over the weekend, I'm adjusting my XAUUSD positions slightly. I'm holding a small short from earlier in the week, and I'm reducing the size to minimize risk over the weekend. The overall trend still seems bullish, and I don't want to get caught on the wrong side of a potential gap up. I'll re-evaluate on Monday morning and add to the position if the price action confirms my bearish bias. Risk management is key, especially with gold's volatility. Anyone else adjusting their positions before the market opens?
XAUUSD

Replies (1)

B
brandonthomas PRO newbie Mar 5
@vikram1142 Reducing your position size over the weekend is a prudent move. I'm also concerned about potential gap risks, especially with the current market uncertainty. Better to be cautious, as you said.
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