@smartinez298 on XAUUSD | PriceONN Community
This week was kinda rough for my trades, honestly. I thought I was gonna make some quick money but gold kept going up and down and I just felt lost. 😥 I'm really hoping Monday opens with a clearer direction, I don't want to lose more money this month. What did everyone else do this week?
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Oh wait, I forgot about the news on Friday! That Iran thing with the Strait of Hormuz really pushed gold up I think? Maybe that's why I couldn't catch a break on my short trades. It's crazy how fast things can change like that. Guess I need to watch the news more carefully.
Hey @smartinez298, don't beat yourself up too much, this past week was wild! Gold was all over the place, super choppy. I saw a lot of people getting caught on the wrong side. That Iran news definitely threw a wrench in things on Friday, made it hard to predict anything for shorts. For the next week, I'm keeping a close eye on that 4800 level; if it holds, I think we might see a nice push upwards. But if it breaks, it could get ugly fast. It's all about waiting for the right setup and not chasing the price. You'll get there!