@emily1960 - XAUUSD | PriceONN Topluluk
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I've learned a valuable lesson recently about not chasing the market. I was so focused on the news about the Strait of Hormuz potentially disrupting oil supplies and its impact on gold, that I jumped into a long position prematurely last week. I ignored my own technical analysis and got burned when XAUUSD retraced. Now I'm focusing on waiting for confirmations and sticking to my pre-defined entry and exit points. It's tempting to react to every headline, but patience and discipline are key. Sticking to the plan is so important!