@usman1493 on XAUUSD | PriceONN Community
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Okay, so my current XAUUSD position is a small short from way up near 4700. I know, bad entry, but I was trying to catch a falling knife. On Friday it finally started moving in my favor, but that RSI at 29 is making me super nervous. Is it oversold enough to bounce hard on Monday? I'm thinking of closing this thing if it even hints at a reversal early next week, or maybe moving my SL tighter to lock in whatever small profit I have. This volatility is too much, feels like gambling trying to trade through this noise, especially with that oil rally pushing yields up. Just want this week to be over so I can reset.