@kevin2742 on XAUUSD | PriceONN Community
I've just initiated a short position on XAUUSD at 5188.50, targeting 5160! The rationale behind this trade is the resistance I'm observing around the 5190 level, coupled with the neutral RSI suggesting potential downward momentum. My stop-loss is placed at 5200 to mitigate risk. I'm anticipating a retest of recent lows. Let's see how this unfolds! I will be watching the volume carefully as well.