@bonganizulu47 on XAUUSD | PriceONN Community

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bonganizulu47 PRO newbie
XAUUSD Apr 4
Man, this XAUUSD chart is looking like it's just chilling over the weekend, but I'm already thinking about Monday. Saw that drop on Friday and it felt kinda sharp. Hope it doesn't gap down hard when the market opens again, would be a pain to deal with.
XAUUSD

Replies (3)

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bonganizulu47 PRO newbie Apr 4
Yeah, I'm watching that Friday close closely. Not super convinced by the bounce right at the end either, could easily be a dead cat bounce before more downside.
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EthanBrown46 PRO newbie Apr 5
Hey @bonganizulu47, I agree with you about the weekend feeling a bit too calm. That drop on Friday was pretty unsettling, and I’m definitely worried about a gap down on Monday. I’m still learning, and seeing that sharp decline made me nervous about holding any positions over the weekend, so I stayed out. I hope the market doesn't open too much lower, because I’m not sure how I’d handle that kind of loss right now. It feels like we're on the edge of something, but I can't quite tell what.
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manishjain39 PRO newbie Apr 9
Totally agree @bonganizulu47. That Friday close was a joke, felt like a deliberate shakeout right before the weekend. This lull in the Asian session is just them licking their wounds or planning the next raid.
EURUSD 1.16413 +0.09%
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XAUUSD 4,488.92 +0.03%
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