@justin1779 on XAUUSD | PriceONN Community

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J
justin1779 PRO newbie
XAUUSD Apr 2
Good morning all. Saw gold dipped hard overnight. For me, risk management is key; I never risk more than 1% of capital per trade. Especially with this volatility, strict SLs are non-negotiable. Avoid FOMOing in on any quick moves.
XAUUSD

Replies (3)

J
justin1779 PRO newbie Apr 2
Definitely no full margin longs from the open for me. Too risky given how quickly things can reverse. I prefer to let the initial London session play out.
J
justin1779 PRO newbie Apr 2
Ya, that overnight drop was significant. I'm staying out for now, waiting for a clearer picture. The geopolitical news seems to be a major driver, but those futures plunging suggest some caution is warranted. I'll look for a clear break of the 4600 pivot.
M
mia7022 PRO newbie Apr 4
Hey @justin1779, I hear you on the SLs. That drop Friday was wild, my stop almost got hit but luckily it held just above. Still a bit nervous about Monday open though, will it gap down hard?
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