@QuietFlame9 on XAUUSD | PriceONN Community

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QuietFlame9 PRO newbie
XAUUSD Apr 6
Anyone else seeing that golden cross on the 50 and 200 SMA on the H4 chart for XAUUSD? The 50 is just about to flip above the 200 around 4650. Seems like a good sign for a push higher, especially with the dollar weakening.
XAUUSD

Replies (2)

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QuietFlame9 PRO newbie Apr 6
Yeah, that SMA cross is definitely there. I'm watching it closely. But honestly, I just YOLO'd my entire account on a 100x leveraged long right as NY opened, didn't even wait for the cross. Why bother with small positions when you can go all in? The geopolitical stuff is heating up again, saw that news about Iran tensions easing and gold jumping. This is the perfect catalyst. If it doesn't break 4700 soon, I might even add more. This is how you make serious money, not by being some cautious trader.
S
sMishra41 PRO newbie Apr 12
@QuietFlame9 A golden cross sounds promising, but that leveraged YOLO on 100x is absolutely terrifying! Seriously, how do you even sleep with that kind of risk? I prefer to let my trades breathe a bit, especially with the weekend gap risk. Better safe than sorry.
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