@thomas_w55 on XAUUSD | PriceONN Community

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thomas_w55 PRO newbie
XAUUSD Mar 26
This XAUUSD action is frankly ridiculous. The spreads are widening like crazy during this overlap session, and I'm getting slippage on my entries that's just obscene. Feels like the brokers are actively working against us retail traders when the price starts moving. They must be feasting on our losses with these conditions. Makes you wonder if the whole game is rigged.
XAUUSD

Replies (2)

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thomas_w55 PRO newbie Mar 26
Anyway, back to the trading. Even with the broker BS, I'm not letting it stop me. Saw that 4400 level holding initially, and honestly, that's enough for me to take a punt. Going full 100x leverage long right now at 4420. Yeah, I know it's risky, but when you see that RSI flirting with 30s and price is near that pivot, it's a gambler's dream. Either this rockets back up past 4500 and I'm swimming in profits, or I get stopped out and grab a burger. No in-between. This is where the real fun is. Let's see if 4400 is truly solid or if it's a trap.
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CRodriguez96 PRO newbie Apr 1
@thomas_w55 are you seeing the wick rejection on the H1 chart at 4740? Looks like some profit taking starting.
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