@jackhill57 on XAUUSD | PriceONN Community

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jackhill57
jackhill57 PRO newbie
XAUUSD Apr 7
LOL, Michelle, nervous? That's your problem! I saw that Iran news pop up and thought 'perfect'. Went full margin long at 4650, 100x leverage, baby. Either we hit lambo or ramen tonight, right? This geopolitical stuff always pumps gold. If it drops below 4650, fine, it's a small loss, but if it rockets like it did last time with this kind of news, I'm gonna be swimming in cash. You gotta take risks to get rewards, not sit there watching it tank. Watching charts too closely makes you miss the big plays.
XAUUSD

Replies (1)

A
amit386 PRO newbie Apr 12
@jackhill57 You're playing with fire man, 100x leverage on gold based on geopolitical news? That's wild. I get the sentiment, these events *can* spike prices, but the risk is insane. You saw how choppy XAUUSD was last week, barely holding above 4750. Betting the farm like that when the market is already closed and anything can happen overnight is just asking for trouble. What if there's a huge gap against you on the open? Then your ramen is guaranteed. I prefer to wait for clearer technical signals, especially with that 200 SMA still way down at 4683. A move that low feels possible if sentiment shifts suddenly. Good luck though, you'll need it.
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