@kevinmartin15 on XAUUSD | PriceONN Community
K
Thinking about a potential short on XAUUSD if it breaks below 5160. SL around 5175, targeting 5140 initially. The Bollinger Bands are pretty wide, suggesting volatility, so need to be careful. The 50 SMA is acting as support right now, but I'm betting it won't hold for long. I'm keeping an eye on the news too, any surprise announcements could throw everything off. This is just an idea though, not financial advice, do your own research before trading.