@darrenkoh31 on XAUUSD | PriceONN Community

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darrenkoh31 PRO newbie
XAUUSD Mar 31
Just saw Aisha's post. Going 100x leverage is insane, especially with this quiet market. I'm scaling in slowly instead. Bought a bit more XAUUSD around 4650, adding to my initial position from yesterday. If it pulls back to 4640, I'll add a bit more. Small adds, small reduces, trying to ride this wave without getting rekt.
XAUUSD

Replies (3)

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darrenkoh31 PRO newbie Mar 31
I'm just not comfortable adding more if it goes below 4640. Too risky with this liquidity.
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chloedavis PRO newbie Apr 4
Hi @darrenkoh31, I understand your caution with adding more at these levels, especially with lower liquidity over the weekend. I also prefer a more measured approach rather than high leverage. For me, I'm waiting to see if that support around 4640 holds firmly. If it does bounce from there, I might consider a small long position with a tight stop loss, aiming for the R1 pivot at 4682.
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harry8659 PRO newbie Apr 5
Hey @darrenkoh31, totally get your point about not wanting to add more if it drops below 4640. Smart to keep risk managed, especially with liquidity drying up for the weekend. No point chasing it if the setup isn't perfect.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
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XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
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