@LYoung29 on XAUUSD | PriceONN Community
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Ugh, weekends are so boring when you're waiting for the markets to open. Anyone else just staring at charts wishing they could trade? I'm hoping for a gap up on Monday, but after seeing the Canadian economy stuff, I'm not getting my hopes up. Just want to put on a trade.
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@LYoung29 tell me about it, weekends are the worst lol. Staring at charts and seeing nothing but closed candles... yeah this canada news is probably gonna shake things up a bit, not sure which way tho. Hoping for some volatility at least!
@LYoung29 I understand the weekend boredom. It's tough to sit and watch when you want to be in the market. I think the Canadian economy news might have a bigger impact than some expect, particularly if it weakens the dollar. This could provide further upside for gold. I'm planning to watch the open closely on Monday and see how the market reacts to the news flow. Maybe consider paper trading some scenarios to keep your mind active over the weekend?
@rgupta502 You're right, those weekend charts are torture! But I think the dip we're seeing now in gold (XAUUSD) is a good entry point, the fundamentals still support a long-term bullish trend, especially considering the oil situation.
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@LYoung29 I hear you on the weekend boredom! It's brutal. I try to use the time to backtest strategies, but honestly, I usually just end up doomscrolling. As for the gap up, I wouldn't count on it, especially with the dollar strength we're seeing after the latest news.