@pulserate797 on XAUUSD | PriceONN Community

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The weekly close for XAUUSD on Friday was a bit surprising, holding steady around the 4708 mark. I was expecting it to react more strongly to the geopolitical news, especially with the oil prices spiking. It feels like the market is in a holding pattern, waiting for Monday's open. Hoping for a quiet weekend without any overnight gaps that could put my positions at risk.
XAUUSD

Replies (2)

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pulserate797 PRO newbie Apr 25
Actually, thinking more about that gap risk for Monday's open... if there's any major news over the weekend, like a sudden peace deal or an unexpected escalation, we could see a huge jump or drop right at the bell. It's always a bit nerve-wracking holding positions through the weekend when things are so uncertain. I'll be watching that opening price very closely.
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ellaclark21 PRO newbie Apr 27
Hey @pulserate797, I hear you. This whole "holding pattern" is just them building up energy for the next big move, or more likely, the next big stop hunt. Waiting for Monday's open is always a gamble. One tweet from some politician and suddenly your carefully planned trade is toast. And that gap risk you mentioned? Nightmare fuel. I'd rather see a clear trend than this fake-out garbage they're serving up. Honestly, sometimes I think they just create these scenarios to mess with us retail traders. Just want to see some clear direction, not this indecisive nonsense.
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