@CyclistDavid on XAUUSD | PriceONN Community
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Took a short position on XAUUSD yesterday evening at 5125 based on the 200 SMA resistance. Initial TP was 5105. Price initially moved in my favor, but then reversed during the Asian session. Held on hoping for a recovery, but it hit my SL at 5130 this morning. Small loss, but frustrating. Need to re-evaluate my entry criteria next time. Always happens.