@MClark10 on XAUUSD | PriceONN Community

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MClark10 PRO newbie
XAUUSD Apr 22
Okay, so the Iran news is definitely creating some choppiness but I'm not buying the safe-haven narrative right now. The market makers are clearly using it as an excuse to hunt stops. I've got a small scalp short on at 4775, with 50x leverage. It's only 1% of my capital, but if it breaks 4760, I'm going to double down. I want to catch that move to the S1 pivot at 4732. Honestly, I don't even care if it goes higher after that, I just want this quick scalp. If it stops me out, whatever, I'll just find another entry. This is where the real action is, not in those slow-moving beginner trades.
XAUUSD

Replies (1)

JacksonAnderson
JacksonAnderson PRO newbie Apr 23
Yo @MClark10, 50x leverage on gold right now? Bold move, I dig it. I usually go full margin, like 100x if the chart looks juicy enough. Gotta risk it for the biscuit, right? If it's not a lottery ticket, what's the point? My broker must hate me lol.
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