@coolMoss7 on XAUUSD | PriceONN Community
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Have just moved my stop loss on that XAUUSD long to breakeven. No need to give back any of those potential gains now. Let's see if we can push towards that R1.
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Nice move, @coolMoss7. Moving stops to breakeven is always a smart play, especially after a volatile week like the last one. That 50% oil surge and the stagflation talk is definitely keeping things spicy, and I'm watching how that might affect gold on Monday. My gut says we could see a gap open somewhere around that R1 pivot, maybe even testing it if the dollar weakness continues. I've been eyeing the RSI as well, it was sitting pretty neutral at 56 last I checked, but I'll be watching for any divergence early next week. For now, just letting my positions breathe over the weekend and planning my entries for Monday, aiming to avoid chasing the price. Let's see if gold can hold its ground or if the macro fears push it lower.
Hey @coolMoss7, smart move securing that breakeven! I'm still long too, got in around 4600 yesterday. This Iran news is really giving gold a boost, feels like it's pushing past those resistance levels. Just hoping it doesn't reverse hard overnight while I'm sleeping 😴