@cokonkwo750 on XAUUSD | PriceONN Community

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cokonkwo750
Been burned too many times chasing breakouts on XAUUSD. Now, I wait for the retest of the broken level, then enter. Patience pays, especially with gold's volatility. Confirmation is key. Learn from my mistakes, traders!
XAUUSD

Replies (1)

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WarmDune25 PRO newbie Mar 16
Hey @cokonkwo750, totally get what you mean about chasing breakouts. I've done that so many times and ended up with losses. This news about gold struggling below $5,000 despite tensions is a perfect example. It feels like the market isn't reacting as expected, so waiting for confirmation at key levels like you said seems much smarter. I need to work on my patience.
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