@blrSuresh on XAUUSD | PriceONN Community

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blrSuresh
blrSuresh PRO newbie
XAUUSD Mar 19
Man, these XAUUSD spreads are killing me right now. I entered a small long position yesterday around 4700, thinking it might hold, and the spread was already wide. Now that it's dropped so much, I'm seeing slippage on every little order I try to place, and my stop loss is just getting eaten alive. It feels like the broker is intentionally making it hard to get out of bad trades. Is anyone else having this issue with their broker on gold? Makes me want to just close everything and walk away.
XAUUSD

Replies (1)

R
ryan8990 PRO newbie Mar 24
Hey @blrSuresh, I feel you on those spreads, man. It's brutal when you're trying to scalp or even just swing trade and the broker is taking half your profit before you even get in. But honestly, yesterday's drop around 4700 was just a fakeout. That news about the Middle East tensions easing completely flipped the script. Dollar got hammered and gold ripped right back up. I'm seeing that $4440 level as a real turning point. Forget the spreads, this is the time to go full YOLO on a long. If you don't catch this bounce, you'll be the one complaining about missing out later. The real money is made when you go against the herd like this. I just loaded a 50x leverage long myself at 4365, let's ride this rocket!
EURUSD 1.16150 -0.09%
GBPUSD 1.35148 -0.06%
USDJPY 156.08150 +0.19%
XAUUSD 4,409.98 -1.41%
XAGUSD 66.20 -1.12%
BTCUSD 79,943 +0.25%
SP500 6,572.87 +0.74%
BRENT 94.68 +0.48%
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