@graceking77 on XAUUSD | PriceONN Community

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graceking77 PRO newbie
XAUUSD Mar 26
Just went full margin long on XAUUSD at 4385, YOLO time! This drop below 4400 feels like a massive liquidity grab, exactly what we want to see. Let's see if this gambit pays off big or if I'm ramen for a week. 100x leverage or why bother, right?! 🚀
XAUUSD

Replies (1)

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graceking77 PRO newbie Mar 26
Okay, so the initial spike from my YOLO trade has cooled a bit, price is hovering around 4395 now. Still in the green though, so that's good. I'm thinking of moving my stop loss up to break-even, maybe around 4388, just to lock in that initial 'investment'. But then again, this feels like the start of a massive reversal, so maybe I should just let it run and see how high it can go. The news about the forced deleveraging and reserve flows is exactly the kind of catalyst that throws these markets into chaos, and that's where the real money is made. If this rips past 4450 I might even add more. Gotta risk it for the biscuit!
EURUSD 1.16269 -0.03%
GBPUSD 1.34413 -0.16%
USDJPY 159.85600 -0.01%
XAUUSD 4,467.88 -0.44%
XAGUSD 73.58 -2.03%
BTCUSD 62,879 -6.97%
SP500 6,572.87 +0.74%
BRENT 98.84 -0.04%
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