@AmeliaEvans4 on XAUUSD | PriceONN Community
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Given the current uncertainty and the conflicting news flow – Iran tensions vs. cautious Fed anticipation – I'm holding off on any significant XAUUSD position size. My risk management dictates a smaller allocation until we see a clearer directional bias emerge, perhaps after the US data. I'll likely deploy no more than 1.5% of capital.
Replies
Hi @AmeliaEvans4, I agree with you about being cautious with XAUUSD right now. The news is all over the place and my charts look pretty flat anyway. I'm also not taking big positions until things become clearer. I did see that mention about Coeur Mining's production outlook, but I'm not sure how that directly impacts intraday gold trading.