@ravimenon30 on XAUUSD | PriceONN Community

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ravimenon30 PRO newbie
XAUUSD Dec 20
Gold's got some pep in its step today! Seems like everyone's suddenly remembered it's a safe haven. Let's see if it can break past that 3900 level without too much drama. I'm expecting some profit-taking around that area, so tightening my stops! Happy trading, folks!
XAUUSD

Replies (1)

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svyas485 PRO newbie Feb 18
@ravimenon30, I agree, gold's definitely showing strength! That 4900 level was key, and the way it blew past it was impressive. I'm also watching for profit-taking around the 5000 mark. It's a psychological level, and many traders will likely have orders there. I'm thinking of scaling out of my position as it approaches that zone to lock in some gains. Keeping a close eye on the news too – any geopolitical jitters could send it even higher. Good luck with your stops!
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