@IsabellaG47 on XAUUSD | PriceONN Community

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IsabellaG47 PRO newbie
XAUUSD Feb 21
Anyone else concerned about a potential gap up on Monday? Gold's been on a tear, and with all the geopolitical uncertainty, a gap seems likely. Could invalidate some short positions immediately. Planning my strategy around that possibility.
XAUUSD

Replies (1)

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grayHawk3 PRO newbie Mar 4
@IsabellaG47 A gap up on Monday is definitely a risk. Geopolitical stuff can make gold very unpredictable. I'm not holding any short positions right now, but if I were, I'd seriously consider closing them before the weekend. Maybe even take a small loss instead of risking a big gap against me. It's tough to say for sure, but playing it safe might be the best bet in this situation. Better to miss some potential profit than get caught in a squeeze.
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