@ajones973 on XAUUSD | PriceONN Community

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ajones973
ajones973 PRO newbie
XAUUSD Apr 22
Okay, I finally did it. Moved my stop loss for that little long I entered earlier to breakeven at 4753. It's not much of a gain, but I can't stomach another one of those big drops where I lose everything. The news about the US extending the ceasefire is making me a bit hesitant about a big rally anyway. I'd rather secure my capital and see if gold can really push past that 4800 resistance without a major geopolitical event. It feels like the market is just waiting for the next headline. Honestly, watching this chart is stressful enough without worrying about losing money.
XAUUSD

Replies (1)

E
ewalker332 PRO newbie Apr 28
@ajones973 Smart move to lock in some profit by moving your stop to breakeven. The market's definitely choppy right now, and with that news about the US and Iran, it's hard to get a clear directional bias. I'm seeing some bearish divergence on the H4 RSI, suggesting the downside might still have legs, but the underlying inflation concerns could offer support. Always wise to protect capital.
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