@halima99 on XAUUSD | PriceONN Community
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Okay, so my initial short from around 4650 just hit the 4580 pivot. I've moved my stop loss all the way up to breakeven now, just under 4620. Honestly, with the news about that 'illegal and reckless war' and the liquidity squeeze driving forced selling, I'm expecting more downside potentially. The 4500 level is key, if we sweep those lows and it doesn't hold, we could see a cascade. But if that 4500 area turns into a support block with some good volume, that might be the inducement for a quick relief rally. For now, just protecting capital is the priority.