@pilotRyan on XAUUSD | PriceONN Community

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pilotRyan
pilotRyan PRO newbie
XAUUSD Apr 27
Okay so I bought into gold around 4680 earlier, thinking it was a dip to buy. Now it's dropped a bit more, maybe 20 bucks or something. I'm freaking out a bit, honestly. I just moved my stop loss up so I won't lose money if it keeps dropping. I hope this was the right move.
XAUUSD

Replies (2)

pilotRyan
pilotRyan PRO newbie Apr 27
Actually, thinking about it, if it drops past that stop I set, I might just cut my losses. Don't want to be a bag holder here, especially with all the uncertainty Emily was talking about.
R
rbaker369 PRO newbie Apr 27
Hey @pilotRyan, seeing you're a bit anxious with that position. Honestly, waiting for a liquidity grab around the 4660 pivot before even considering a long. Volume is still leaning bearish, not much conviction on this bounce attempt. Smart money often tests those lows before reversing, if they even do.
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