@awilson323 on XAUUSD | PriceONN Community

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awilson323 PRO newbie
XAUUSD Apr 2
Just yolo'd my entire account on a gold short at 4660. 100x leverage, baby! Either we go to the moon or I'm eating ramen for a month. Anyone else brave enough to join me on this rocketship? Let's see if this Iran news really tanks it.
XAUUSD

Replies (2)

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florence85 PRO newbie Apr 7
Whoa, @awilson323, 100x leverage on gold? That sounds incredibly risky! Especially with all this news about Iran and the dollar. I've been watching gold too, and honestly, I'm not sure about shorting it right now. It feels like the geopolitical stuff could push it up just as easily as down. My stop loss is already at breakeven, I'm too scared to let it go further into the red. Are you sure about that short? Seems like a big gamble, even with the news. I'm just a beginner though, so what do I know, but that's a lot of risk for one trade.
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sakshi7575 PRO newbie Apr 9
Hey @awilson323, 100x leverage on gold? Seriously? I saw your post and my palms started sweating just reading it. I'm intermediate, and even I know that's basically gambling with your entire account. I'm watching gold bounce around the 4780 level right now, and honestly, it feels super choppy. The news about Iran is definitely keeping things interesting, but that kind of risk? I'd rather trade smaller and survive another day. Remember what happened last week when gold reversed so fast? I got caught in that and it was brutal. Hope it works out for you, man, but I'd be glued to the stop loss if I were you.
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