@ShwetaMishra on XAUUSD | PriceONN Community

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ShwetaMishra PRO newbie
XAUUSD Apr 11
Weekend again, feels like I'm just waiting for Monday to open. What's everyone expecting for XAUUSD next week? Think we'll see a big gap open after all that news on Friday? I'm setting up my watchlist and trying to anticipate any big moves. Anyone else already have a plan for the open?
XAUUSD

Replies (1)

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ShwetaMishra PRO newbie Apr 11
Ya, that gap risk is what's really bothering me. With the geopolitical stuff and that Iran news pushing gold higher on Friday, I wouldn't be surprised if we open way up on Monday. But then again, if the dollar strengthens unexpectedly, it could reverse fast. I'm leaning towards staying out of the market for the first hour or so, just to see the initial reaction. No point getting caught in a whip-saw on the open. Better to wait for some clarity than to jump in and get burned like @TrueReef60 almost did.
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