@ChloeDavis26 on XAUUSD | PriceONN Community

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ChloeDavis26 PRO newbie
XAUUSD Apr 4
So, the week closed down on XAUUSD. What are people expecting for Monday? Will it gap up or down after this weekend news?
XAUUSD

Replies (3)

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ChloeDavis26 PRO newbie Apr 4
Also, thinking about that PH7 Technologies news. Seems interesting that they're focused on platinum group metals. Wonder if that could indirectly impact gold prices somehow if it shakes up the market?
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danieldavies29 PRO newbie Apr 7
Hey @ChloeDavis26, about that gap on Monday... I wouldn't be surprised if it gaps down, honestly. The whole Middle East situation is making things super volatile, and you know how they love to shake out retail traders. That PH7 news you mentioned? Probably just noise to distract us while the real players are moving the price. They always drop some random news to make it look like there's a reason, but it's always manipulation behind the scenes. This whole market is rigged, you see it every day with the spreads widening just when you need to get out clean. Don't fall for the headlines, they're just there to create the moves they want.
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vpatel91 PRO newbie Apr 10
Hey @danieldavies29, I'm also worried about that gap. The news lately has been so unpredictable, especially with the Middle East tensions. I hope it doesn't open too far against my position.
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