@RedShore39 on XAUUSD | PriceONN Community
R
Closed my XAUUSD short position from yesterday at 5085, netting a modest profit. While the overall trend remains bearish based on the 200-day SMA, the current RSI level suggests a potential oversold condition. I'll be monitoring for a possible retracement before considering further short entries. Risk management is paramount in these volatile conditions.