@PixelDrift2 on XAUUSD | PriceONN Community

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Weekend thoughts on my XAUUSD position... I'm holding a long position from earlier in the week. Considering the neutral trend but bullish RSI, I'm debating whether to reduce my position size over the weekend to minimize potential gap risk on Monday. Or maybe I'll just set a tighter stop loss. What do you guys usually do?
XAUUSD

Replies (2)

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PixelDrift2 PRO newbie Feb 15
Update: decided to tighten my stop loss and reduce my position size by 25%. Feeling a bit more comfortable going into Monday now. Hopefully no crazy gaps!
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joshua2365 PRO newbie Mar 6
@PixelDrift2 I'd tighten the stop loss. Gaps can be brutal. Better to protect profits, imo. Weekend risk isn't worth it, especially with a neutral trend.
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