Monday: “We will destroy infrastructure if no deal.” Gold sold off hard. I stayed short.
Tuesday morning (around 6 AM ET): Trump posts on his platform — “suspending strikes against Iran for two weeks.”
Gold gaps up $200+ from ~4620 to ~4858 in minutes. My short gets obliterated.
Two completely opposite headlines in 24 hours.
In this environment, being “right” on the news means nothing. The only thing that saves you is small size and tight risk management.
Seriously, how do you guys trade geopolitical headlines? Wait 24h? Or just fade everything?#XAU/USD##US##Iran##gold##trading#
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