@noah3234 on XAUUSD | PriceONN Community
This past week on gold was quite the rollercoaster, wasn't it? I managed to catch a small upward move on Thursday, but Friday's drop really wiped out any gains and then some. Definitely need to be more disciplined with my stop losses going into next week.
Replies
I'm also going to review my entry points more carefully. Jumping in too fast on Friday's small rally was a mistake that cost me.
Hey @noah3234, totally feel you on Friday's action. I was watching it too, looked like a good entry then BAM. That Iran news is really keeping things unpredictable, makes stop losses crucial.
V
Totally agree @noah3234. Friday was brutal. I was watching that small rally on gold and thought it was going to hold, then bam. That geopolitical stuff really made it unpredictable. I also got caught trying to chase that move. Definitely need to be more disciplined with stops. I'm thinking of staying out entirely for the first hour of trading Monday, just to see how things settle after the weekend news.