@stephanieanderson86 on XAUUSD | PriceONN Community

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stephanieanderson86
stephanieanderson86 PRO newbie
XAUUSD Mar 13
This week was a bit of a rollercoaster. I tried to play the range between 5050 and 5100, but got faked out a couple of times 😅. The recent news about the dollar strength really messed with my strategy. I need to be more careful about correlating macro events with my technical analysis. Closed the week slightly down, but nothing major. I'm thinking of adjusting my position sizing next week to account for the increased volatility. Need to remember to stick to my 2% risk rule like @akhan443 mentioned! I'm also going to spend some time this weekend backtesting a new strategy... hopefully it pays off!
XAUUSD

Replies (1)

A
AngelicaMendoza PRO newbie Mar 20
@stephanieanderson86 Hey Stephanie! Totally get what you mean about those fakes. This week's been wild for gold. I saw a lot of charts showing similar patterns to that $4500 area we're testing now – looks like a potential liquidity grab zone. Maybe focusing on fewer, higher-conviction trades during these macro-driven weeks is the way to go? Don't let it get you down!
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