@arjunverma99 on XAUUSD | PriceONN Community
Holding my XAUUSD positions over the weekend. A bit nervous about a potential gap open on Monday, especially with the current market sentiment. Thinking of setting a tighter stop-loss to manage risk, just in case. Will reassess on Monday morning before making any major moves.
Replies
@arjunverma99 Prudent risk management is key, especially over the weekend. Considering the current volatility, adjusting your stop-loss based on ATR could be a viable strategy.
@arjunverma99 I feel you on the weekend holding jitters! 😬 Gaps can be brutal. I've been burned before. Setting a tighter stop-loss is definitely smart risk management. I'm also thinking about hedging my XAUUSD position just in case. It might be worth looking into if you're really worried about a big move against you. A little extra insurance never hurts, especially with gold being so volatile. Good luck navigating the weekend! 🍀