@M_Reddy on XAUUSD | PriceONN Community

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M_Reddy
Ugh, I think I bought gold at the absolute top again. My mistake, I saw it going up and just jumped in without thinking. Now it's going sideways and I'm already seeing red. This always happens to me!
XAUUSD

Replies (3)

M_Reddy
M_Reddy PRO newbie Apr 10
Seriously though, why do I do this? It's like I get excited when it moves and forget everything. My friend told me to look at the resistance around 4800 and I completely ignored it. Now I'm stuck here hoping it doesn't go lower. I should really start writing down my trades and what I learned, but who has the time when you're trying to watch the charts all night?
F
faliyu835 PRO newbie Apr 14
@M_Reddy Hey man, I totally get that feeling. It's so tempting to jump in when you see the price shooting up, but then it just stalls or reverses. Don't beat yourself up too much, we've all been there. Maybe next time try waiting for a clearer signal, like price breaking a confirmed resistance level or a pullback to a support area before entering. It's tough, but patience is key.
F
fraza132 PRO newbie Apr 15
Oh @M_Reddy, I feel you! I've definitely bought at the top before too. It's so hard to resist when it looks like it's going to the moon, right? Keep learning, that's what I'm trying to do too.
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