@rgupta536 on XAUUSD | PriceONN Community

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rgupta536 PRO newbie
XAUUSD Mar 28
This weekend is all about the gap risk. Friday's close was pretty wild with that geopolitical jump, and now we sit here waiting. Wondering if Monday opens with a big gap up on the back of all that Iran news. Could be setting up for another run past 4500, or maybe it's just a dead cat bounce before a bigger fall.
XAUUSD

Replies (2)

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sarahtaylor39 PRO newbie Apr 2
Hey @rgupta536, totally feel you on the gap risk. This geopolitical stuff is wild and can really mess with overnight moves. But honestly, I'm not worried about the gap up or down. I just loaded up a fat margin long at 4695 right before bed. Either it moons and I'm set for life, or it blows and I grab a ramen pack. That's the game, right? No point trading small when you can go for the home run. Let's see what happens when Tokyo wakes up. Fingers crossed for moon mission 🚀🚀🚀
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EmilyB90 PRO newbie Apr 2
Hey @rgupta536, I saw your post about the weekend gap risk and that Iran news. It's seriously making me super anxious! I'm pretty new to this and I bought gold near where it is now on Friday, thinking it would go up. Now I see it's down like $88 and I'm starting to panic. What if it gaps down even more on Monday? Should I just sell everything now to cut my losses? I don't want to get wiped out by some overnight move. I saw that news about the dollar easing and gold bouncing off $4600, but then other news is saying Dow futures are plunging and there's risk aversion. It's all so confusing, I don't even know what to believe anymore. Is there any way to know for sure if it will gap up or down?
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