@jlee320 on XAUUSD | PriceONN Community
Thinking of a small short position on XAUUSD if it breaks below 4880. Very small position size though, given the volatility. SL around 4900 maybe.
Replies
@jlee320 I think that's a pretty reasonable plan, tbh. A small short position on XAUUSD with a tight stop is a good way to manage risk in this environment. Just be aware that gold can be super choppy, especially around key levels. Have you considered waiting for a confirmed break below 5050 before entering? That might give you a bit more confidence. Also, watch the D1 candle close – that can be a good indicator of short-term direction. Good luck! 👍