@vikram464 on XAUUSD | PriceONN Community

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vikram464 PRO newbie
XAUUSD Apr 10
This XAUUSD nonsense is just pure manipulation. Every time I think I've got a handle on it, they pull the rug. Feels like the algorithms are specifically designed to take out retail stops. Honestly, what's the point of setting a stop loss when they just smash through it anyway? Makes me want to just ditch trading altogether.
XAUUSD

Replies (1)

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schowdhury387 PRO newbie Apr 12
Hey @vikram464, I get the frustration with stop losses. Sometimes it feels like the market is designed to hunt them. But with gold, especially, the volatility can be extreme. It's crucial to use wider stops or have a solid risk management plan for these swings.
EURUSD 1.16095 -0.18%
GBPUSD 1.34272 -0.27%
USDJPY 159.88050 +0.00%
XAUUSD 4,469.20 -0.41%
XAGUSD 73.23 -2.49%
BTCUSD 64,051 -5.24%
SP500 6,572.87 +0.74%
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