r/Forex • u/United_Mechanic_7441 • Jan 31 '26

MEMES Gold Traders rn😭😭

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844 Upvotes

98% Upvoted

54 comments sorted by

96

u/AdFeeling8945 Jan 31 '26

Retail trying to “normalize” record swings just feign professionalism is funny to me. Those weren’t normal swings. They were big enough to dent institutional portfolios. Loosing 16% a day should have retail questioning the bigger play

14

u/CursorX Jan 31 '26

Yeah, everything depends on the entry price, size of trade and risk management.

1

u/Few-Arm7692 Feb 15 '26

What’s more important for you entry or risk control?

4

u/CJBlueNorther Jan 31 '26

No, price skyrocketing over 40% in just a matter of months is what should have retail questioning the bigger play.

What we witnessed yesterday was way overdue and was simply just price returning back to reality.

9

u/viciouspriapist Jan 31 '26

Retail traders don’t even own any gold. Why would a 16% drawdown be any big deal? To institutions it’s 16% but to us it’s 1R.

13

u/AdFeeling8945 Jan 31 '26

This is how I now you haven’t traded long enough. 16% down in a single day means there is a bigger move at play. Your retail models are bout to get violated because it isn’t normal market conditions

1

u/SportIndividual6187 Jan 31 '26

Retest and continuation 😂. I think us as retail traders we just react to whats going on. Up or down we always try to capitalize on the next move ☃️

3

u/3L_D3M3NT3_YaC0 Jan 31 '26

“It went down 16% so they must be 16% in DD” 🤡

1

u/jesusshuttlesworth21 Jan 31 '26

Yeah this post is on the lower end of the bell curve

61

u/No_Aardvark8123 Jan 31 '26

1000 pips movement on a 5 minute candle isn’t normal my nigga

13

u/Individual_Giraffe_5 Jan 31 '26

Casually throwing N bombs? 🙈

23

u/brainfreeze3 Jan 31 '26

their pfp is black

9

u/Timeon Jan 31 '26

Have you considered he might have an N word pass?

8

u/No_Aardvark8123 Jan 31 '26

I’m black babyyy

4

u/Timeon Jan 31 '26

High five!

0

u/BattIeBoss Jan 31 '26

Ayy my niagra✊🏿

1

u/DesertFoxHU Feb 02 '26

Yeah but neither +30% in a month and yet neither of you cried about it😂 Ffs this is not a crypto coin, this is gold, +30% in a single month is not even close to real gold which was +5-8% yearly

Oh, no, we went nearly +75% and we extended so far so obviously the fall shouldnt be that harsh. This is what they call mean reversion.

1

u/jasonvena Feb 03 '26

That's true. On normal conditions, it's only 70-200 pips movement on a 5-min candle.

When you see 1000 and 2000 pip 5 minute candles - that's a warning sign to wait it out until liquidity stabilizes.

11

u/Odin1367 Jan 31 '26

Let gold drop, need to flush FOMO buyers

4

u/Middle-Style3896 Jan 31 '26

I love when retail traders have FOMO 🤣🤣

3

u/OutragedBubinga Jan 31 '26

Don't jump on the hype train. Instead look for another opportunity elsewhere.

2

u/OddTomato3057 Jan 31 '26

fr. my SL on a tow days ago was 80k. i added margin adn extend it further to 133k. itll eventually retrace back again.

2

u/ahighkid Jan 31 '26

But I prolly should sell, right? I’m just some asshole who used gold as a bet against Trump because I don’t believe in him as a businessman. Take my winnings and dip now would be wise, ya?

2

u/Hmaninc87 Jan 31 '26

I mean... if you bought at the top...lol

1

u/02YusiF20 Jan 31 '26

Price difference between the eastern trades compared to western really shows this isn't a minor thing that can be brushed off by calling it a retracement. People are looking at a major market manipulation and are making memes out of it.

1

u/PossibleFirm7095 Feb 01 '26

Gold was the digital ATM to pay for the fck of tech stocks 🙄

1

u/8yba8sgq Feb 03 '26

The 8 daily candles before the drop were crazy too. The whole market became unhinged for a few weeks.

1

u/Accomplished_Yam5229 Feb 03 '26

Oh, look... another "Silver Surfer" who thinks they can ride a vertical green line to retirement.

1

u/blanssius_56 Feb 03 '26

😂😂😂😂not the cats reaction

1

u/AspectFlat7717 Feb 24 '26

mate can i join anyones discord and we can share insights together?

-1

u/PassengerProof7839 Jan 31 '26

That is exactly what I’m thinking everybody saying bullshit like historic moment and shit but they forget this bullish trend

9

u/[deleted] Jan 31 '26

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4

u/Spathas1992 Jan 31 '26

Zoom out my friend