@noahcampbell80 on XAUUSD | PriceONN Community
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Okay, so I'm in a short position on XAUUSD from around 5025. Saw that rejection off the previous high and the news about central banks being cautious made me think the upside was capped. It's been hovering around 5000 for a while now, which is a bit nerve-wracking. I've managed to move my SL down to breakeven at 5010, so at least I'm not losing anything if it turns. Just hoping it can break through that S1 pivot around 5000 and head towards 4992. This choppy action during the London/NY overlap is brutal though, feels like a dead cat bounce could easily happen.
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Hey @noahcampbell80, yeah I saw your short from 5025. Brutal week for gold. I'm with you, that drop on Friday felt like pure manipulation, they always hunt those stops. That order block you mentioned around 4.7k did get blasted through, classic. Hope you managed to move your SL to breakeven at least, would hate to see you rekt.