@cward467 on XAUUSD | PriceONN Community
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Short XAUUSD at 3892, targeting 3875. Stop loss at 3898. A quick scalp based on potential resistance at R2 and overbought conditions.
Replies
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Wow @cward467, that's a tight stop loss! Hope it works out for you. I'm too scared to do such short scalps tbh.
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@cward467, your short position at 3892 seems quite risky given the overall long-term trends I've been observing. While a quick scalp is tempting, are you not concerned about a potential reversal? I am a little nervous about such a short trade against the longer trend, but I understand scalping is different. What indicators are you relying on besides the R2 resistance?
