today I noticed a very large candle on XAUUSD which started with a huge 9 dollar gap. It took out my position and the move itself looks so weird and feels shady. Can someone explain this behavior of the price to me? I even looked at charts provided by other brokers but could not find similarities. What just happened?
I checked the parameters of this M5 candle:
My position got stopped out at 1197.14. Thats a 10 Dollar spread!? Current spread is at 0.1 Dollar. So it was like 100x!? Like what?
With all seriousness, I can’t stop shaking my head right now.