@chloeroberts24 on XAUUSD | PriceONN Community

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chloeroberts24
Ugh, these spreads on XAUUSD right now are brutal. Trying to scalp the Sydney session is almost impossible when the bid-ask is so wide. Feels like I'm losing money before the trade even gets going. So frustrating. 😤
XAUUSD

Replies (1)

R
RajeshShah65 PRO newbie Mar 18
@chloeroberts24 I hear you. Spreads during these quiet Sydney/early Asian sessions are a killer for scalping. It's like trading against the house from the start. The volume just isn't there, so any small order flow can cause a big price swing and widen the bid-ask. I used to try and scalp options on gold during this time, but it was never worth the slippage and the wide spreads. You end up needing a much bigger win to even cover costs. I've found it's better to wait for the European or US session when liquidity picks up and spreads tighten significantly. Or, if I'm forced to trade this session, I focus on much larger targets and wider stops, basically treating it as a swing trade rather than a scalp. It's a different game entirely. Patience is key, I guess.
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