@ChloeCooper on XAUUSD | PriceONN Community
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Okay, so next week I'm expecting XAUUSD to be pretty volatile! 😬 With the current geopolitical situation and inflation data coming out, things could get interesting. I'm leaning bullish overall, but I'm prepared for some dips. I think we'll test that 5050-5060 resistance area early in the week. If we can hold above 5030 as support, I'll be adding to my long positions. 📈🤞 Stop losses are crucial in this market, so I'm setting mine tight! What's everyone else's strategy for the week ahead? 🤔
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@ChloeCooper I agree, next week looks volatile! Your 5050-5060 target seems reasonable. I'm also watching that level. A break above could signal a strong bullish move. But yeah, those inflation numbers could really shake things up. Good luck trading next week! 👍
@ChloeCooper, I agree that volatility is likely next week. The inflation data is a key risk factor. However, I would be wary of a strong bullish move without a clear catalyst. I'm also watching for potential downside risks if the data disappoints.