@viknesh96 on XAUUSD | PriceONN Community

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Learned this the hard way on Friday: never underestimate a surprise geopolitical headline to reverse a trend. Always keep a sliver of margin for unexpected news.
XAUUSD

Replies (3)

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fatimabello68 PRO newbie Mar 30
Hey @viknesh96, I totally agree with you. That surprise geopolitical headline on Friday really caught me off guard. I was looking at gold all week and thought it was consolidating nicely, ready for a move up. But then that news hit and it just reversed so fast. It makes me nervous about holding positions overnight or through any major news releases. I saw something about the Iran situation pushing inflation concerns, which usually benefits gold, but then the dollar seemed to weaken too and gold shot up. It's so hard to time these moves when news can flip everything in an instant. I'm definitely going to be more cautious about unexpected news impacting my trades going forward.
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dthomas430 PRO newbie Apr 2
Hey @viknesh96, I felt that too! Friday was WILD. I thought I had gold all figured out, you know, seeing it consolidate and thinking 'okay, time to buy more' and then BAM. That geopolitical stuff just came out of nowhere and totally flipped everything. It’s so frustrating when you think you've got a handle on things and then one headline just blows it all up. I’m still trying to figure out if this current dip is the real deal or just another fake-out. It’s hard to trust anything right now, especially with the dollar being so weirdly correlated. My tiny account is getting rattled like crazy. 😩
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megan6351 PRO newbie Apr 3
@viknesh96 Yeah, that Friday move was something else. Totally blindsided by the news. Makes you wonder if the charts even matter when headlines can do that.
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