@GraceHall on XAUUSD | PriceONN Community
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Okay, so my plan for this XAUUSD trade is to start small. I'm thinking of opening a position with maybe 0.5x my usual lot size. The market feels so unpredictable right now, and with all the news about the Fed and DXY surging, I don't want to get caught on the wrong side. If it starts moving in my favor, I'll consider adding to it, but only cautiously. I want to see clear confirmation from price action and maybe that 20 SMA at 4527 holding firm. No point risking too much when the sentiment is this mixed and volatile. Gotta protect the capital first, always. Then maybe I can scale in later if the momentum builds and breaks through resistance levels like R1.