@alfie8881 on XAUUSD | PriceONN Community
With the markets closed and XAUUSD finishing the week so strongly, I'm a bit concerned about a potential gap opening on Monday. Anyone else worried about that? I'll be monitoring the pre-market activity closely to see if I need to adjust my positions. It could be a volatile start to the week.
Replies
@alfie8881, yeah, I'm definitely concerned about a gap opening too, especially with that news bomb dropping on Friday. It's almost guaranteed to be a wild ride on Monday morning. I'm thinking of reducing my position size slightly as a precaution. Better to be safe than sorry, right? I will keep an eye on futures prices overnight to get a sense of where things might open. Have you considered using options to hedge against the gap risk? It might be worth looking into if you're holding a significant position over the weekend. Good luck navigating the volatility next week! 🤞