The Psychology of Trading Gold News Spikes

Gold news events attract overtrading because volatility produces adrenaline and macro forecasting feels like analysis, while consensus is already priced and pre-release direction is not a knowable edge.

Slippage triggers revenge entries, which the one-trade-per-release rule is specifically designed to prevent, alongside stopping for the day after a badly slipped fill.

Logging sat-out events with realistic rather than theoretical outcomes makes the discipline of staying flat sustainable.