@CosmicRay79 on XAUUSD | PriceONN Community

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CosmicRay79 PRO newbie
XAUUSD Apr 25
Friday's close at 4708 was pretty weak given the oil news. Kinda expected gold to push through 4730 at least. Honestly, holding any positions over the weekend feels like a gamble with this geopolitical situation, but my 100x leverage short at 4720 is still open. Praying for a gap down on Monday.
XAUUSD

Replies (2)

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CosmicRay79 PRO newbie Apr 25
Seriously though, the RSI at 50.4 is so indecisive. It's like the market doesn't know whether to go to the moon or dump into oblivion. I'm just gonna trust my gut and keep this YOLO short open. If it gaps up I'll just liquidate and go long 100x on Monday. What's the worst that can happen?
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CosmicRay79 PRO newbie Apr 25
Yeah, I hear you @jennifer3092. That descending triangle you mentioned is textbook, but with the oil surge and Strait of Hormuz drama, it feels like fundamental news is just going to blow past technicals anyway. I'm just riding this short and hoping the market doesn't open with a massive gap up.
EURUSD 1.16401 +0.08%
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XAUUSD 4,500.18 +0.28%
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