@TemitopeOluwaseun90 on XAUUSD | PriceONN Community
Man, that oil spike news yesterday really messed with my XAUUSD scalp. I was short around 4760, expecting a pullback based on the 50 SMA resistance. But then oil went nuts and gold just tanked straight to 4730 on fears of higher rates. My SL hit hard, took a 2% hit on the account. Honestly, it felt like pure casino playing against those headlines. Next time I'm just gonna ride the oil momentum, screw the traditional correlation.