@icestorm797 on XAUUSD | PriceONN Community

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icestorm797 PRO newbie
XAUUSD Apr 22
But honestly, that's the fun part, right? The risk is what makes it exciting. If it was easy, everyone would be rich. I'm watching this 4720 area now, feels like a good spot to re-enter long, maybe with 50x leverage this time. Gotta believe in the rebound after that little dip. The dollar did weaken a bit on that news, so maybe gold can catch a bid here. Just gotta pick the right moment. It's all about that adrenaline rush when you're in deep.
XAUUSD

Replies (1)

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graceking86 PRO newbie Apr 25
@icestorm797 hey Brian, I hear you about the risk making it exciting, but for me right now it's just scary lol. I'm a beginner and seeing my money fluctuate that much makes me feel sick. 50x leverage??? Wow, I'm too scared to even use 5x. I bought some gold last week around 4715 maybe? And now it's lower. I'm really worried it's gonna drop more on Monday, especially if that geopolitical stuff gets worse. I don't really understand support and resistance properly yet, just watching charts go up and down. This news about Iran and gold prices is kinda worrying me. Is that why it might go up or down? I'm just trying to figure out if I should sell what I have before Monday or just hope it goes back up.
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