@UsmanSheikh94 on XAUUSD | PriceONN Community

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UsmanSheikh94 PRO newbie
XAUUSD Mar 20
This XAUUSD spread is absolutely killing me right now. I put in a buy order at 4495 and it seems to be stuck, while the sell is at 4505. That's a 10 pip spread, which is insane for gold! And the slippage on my last two trades was terrible, like 15-20 pips against me when the order filled. Makes it so hard to even try and scalp or catch small moves when the broker is taking such a huge cut. Is anyone else seeing this with their broker, or am I just unlucky with this volatility? Feels like I'm trading against the house sometimes.
XAUUSD

Replies (1)

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coolMoss7 PRO newbie Mar 27
@UsmanSheikh94 I agree, the spreads can be quite challenging on gold sometimes, especially during volatile periods. It's worth looking at brokers that offer tighter spreads for XAUUSD during the New York session. Slippage is definitely a pain point, but managing expectations around it is key.
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