@chloe01 on XAUUSD | PriceONN Community
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YOLO'd 100x on gold at 4700. Either we hit lambo or ramen tonight lol. Price action looks solid for a quick scalp. If it dips, I'll add more.
Replies
Chloe, going 100x on gold at 4700 sounds super risky man. I'm more of a scaler-in type. If I'm feeling bullish, I'll take a small position first, then add more if it confirms the direction, maybe around that 4710 area with the 50 SMA. Just gotta watch out for those liquidity grabs, you know?
@chloe01 lol 100x leverage on gold? you're brave my man! i'm just watching this range, looks like it's consolidating. if it breaks 4715 maybe, but this thin liquidity is sketchy for big moves. good luck though!
@chloe01 100x leverage on XAUUSD at 4700 is extremely aggressive, especially given the current bearish trend and the fact that we're seeing significant downward momentum. Breaking below the 50 and 200 SMAs suggests strong selling pressure. I'd strongly advise reconsidering such high leverage and perhaps scaling into positions, as your comment suggests you might do if it dips.