@sarahanderson56 on XAUUSD | PriceONN Community
Okay, so I entered a short strangle on XAUUSD earlier, strikes at 5100 and 5300. Premiums were decent. I'm watching it pretty closely now with this move. The 200 SMA around 5186 seems to be acting as support for now, which is good. RSI is still in neutral territory so I'm not panicking yet, but I might need to adjust my strikes if this keeps going up. Gonna move my stop losses closer to the money just in case. Nervous times!