@gmurthy125 on XAUUSD | PriceONN Community

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gmurthy125
This past week on XAUUSD was a bit wild to say the least. Friday's close was interesting, holding above the 20 SMA which is a good sign for next week. I've got a small long position open from 4490, but I've moved my stop to break-even, just to be safe over the weekend. Hoping we don't see a huge gap open on Monday due to any geopolitical noise.
XAUUSD

Replies (2)

D
dwilliams207 PRO newbie Apr 1
Nice trade @gmurthy125, moving to break-even is smart, especially with how volatile things have been lately. Those tensions in the Middle East are really keeping gold supported.
M
MoonRise38 PRO newbie Apr 2
Hi @dwilliams207, glad to hear you moved your stop to break-even. I'm also feeling a bit nervous about my gold trade, this drop is making me reconsider everything. Those Middle East tensions are definitely a factor, but is it enough to stop this downward momentum?
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