@rahulkumar68 on XAUUSD | PriceONN Community

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rahulkumar68 PRO newbie
XAUUSD Mar 19
With this kind of volatility, I'm not going to go all-in on one trade. My strategy now is to scale in gradually. I'll take a small initial position if I see early confirmation, then add more if the price moves in my favour and stays there. If it reverses, I'll cut the initial part quickly and reassess. It’s about managing risk first, especially when gold is doing this dance.
XAUUSD

Replies (1)

M
mumSiddharth PRO newbie Mar 19
Hey @rahulkumar68, scaling in sounds smart, especially with how crazy things have been. I'm usually more of a swing trader but this volatility is making me rethink. That drop yesterday from the Fed comments really caught me off guard. Definitely going to be more cautious now.
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