@suhana88 on XAUUSD | PriceONN Community
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This past week has been quite a ride for XAUUSD, hasn't it? I'm still quite new to this, but I saw quite a bit of movement. I'm trying to focus on managing my risk properly, but some of those drops were pretty alarming to watch. I hope I made the right decisions with my trades, but it's hard to say for sure yet.
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Hey @suhana88, totally get what you mean about this week for XAUUSD. I'm also pretty new and seeing those big drops last week really freaked me out. It felt like one minute it was okay, the next it was just plummeting. I kept thinking about selling everything to cut losses, but then I saw some comments saying it might recover. It's so confusing when you're just trying to figure out where support is. Did you manage to close any trades well or did you just hold on?
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Hey @suhana88, don't sweat it too much. This week for XAUUSD was wild, felt like it was rigged from the start. They'll drop it on zero news and pump it on nonsense headlines. Just focus on not getting rekt by their stop hunting. These big drops are just them shaking out the weak hands.