Alright, just went full tilt on XAUUSD. Scaled into a long position around 4758. Stop is tight at 4755, aiming for a quick 4770 scalp. RSI is chilling at 50, feels like a good spot to catch a short-term bounce. If this fails, well, that's what the next paycheck is for.
Hey @smehta952, your scalp trade sounds risky man! Hope it worked out. I'm just watching gold drop from my entry point near 4700. Feels like I'm always buying the top. 😭
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ibello186PROnewbieApr 14
Hey @smehta952, I understand the scalp attempt, but that stop loss feels a bit too tight given the current volatility. I'm seeing some good support around the 200 SMA, so maybe a slightly wider buffer would be prudent. Hope you caught that bounce though!