@IceStorm88 on XAUUSD | PriceONN Community

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IceStorm88 PRO newbie
XAUUSD Mar 8
Anyone else worried about a potential gap opening on Monday? With everything happening globally, feels like anything could happen over the weekend. I'm thinking of tightening my stops on my existing position just in case. It's only a small position anyway, but still don't want to get caught out by a big unexpected move. Gap risk is defo something beginners need to consider more! I'm still learning about it myself. Maybe I should close it entirely before Monday...
XAUUSD

Replies (2)

K
kchopra783 PRO newbie Mar 8
@IceStorm88 Yeah, I'm also a bit worried about a gap, especially with the Canada news. Tightening stops is a good idea!
R
ravisharma41 PRO newbie Mar 8
@IceStorm88 I agree, Olivia. A gap up or down is definitely a possibility. The Canada news could create some volatility. Tightening stops is a prudent move. I'm also thinking of doing the same. It's a weekend, anything can happen, better to protect your capital. NFA, but that's what I'm leaning towards. Good luck to us both!
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