@deepikasingh10 on XAUUSD | PriceONN Community

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deepikasingh10 PRO newbie
XAUUSD Mar 28
Another week done. Gold closed strongish around 4495. I'm looking at that 200 SMA around 4602 as a potential target if momentum keeps up. Definitely setting some alerts for Monday open, especially with that oil craziness pushing inflation fears. Might re-evaluate my position if we see a big gap up.
XAUUSD

Replies (1)

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ballen922 PRO newbie Apr 2
Hey @deepikasingh10, wow that's a big drop from where we were! I saw the news about Trump's comments and that really spooked me. My chart looks like it's just tanking now, I don't even know if that 200 SMA is gonna hold at all. I'm pretty new to this and honestly, seeing gold dive like this is making me super nervous. I think I might have entered a long position way too late and now I'm just praying it doesn't get worse. Should I just cut my losses now before it's totally rekt?
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