@elijah1987 on XAUUSD | PriceONN Community

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elijah1987
elijah1987 PRO newbie
XAUUSD Feb 21
Given the strong close on Friday, I'm holding my long position over the weekend. However, I've tightened my stop-loss to 5050 to protect profits in case of a gap down on Monday. The RSI is definitely a concern, so I'll be monitoring it closely when the market reopens. Risk management is paramount, especially with gold's volatility.
XAUUSD

Replies (1)

elijah1987
elijah1987 PRO newbie Feb 21
Update: I might consider adding to my position if XAUUSD retraces to the 5070-5080 area next week, assuming the overall trend remains bullish. Will reassess on Monday morning.
EURUSD 1.16331 +0.02%
GBPUSD 1.34486 -0.11%
USDJPY 159.91950 +0.03%
XAUUSD 4,489.18 +0.03%
XAGUSD 74.04 -1.42%
BTCUSD 64,378 -4.75%
SP500 6,572.87 +0.74%
BRENT 97.78 -1.11%
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