@DeepikaKumar on XAUUSD | PriceONN Community

The potential for a gap open on Monday for XAUUSD is certainly something to consider this weekend. We saw a notable rally on Friday, but any geopolitical developments or significant economic news over the weekend could easily influence the opening price. I'm particularly concerned about how the market will digest the recent surge in oil prices and the resurfacing stagflation fears. If there's a substantial upward gap, it might present a short-term opportunity, but I'd be extremely wary of retracements. Conversely, a bearish gap would require close monitoring of the 4450-4470 support zone. Managing open positions during such periods is always a challenge, and I've ensured my stop-losses are adequately adjusted to account for potential overnight volatility.