@reader967 on XAUUSD | PriceONN Community
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This weekend feels particularly quiet for gold. I'm planning to review my watchlist for any potential gaps on Monday's open. The Friday close was a bit indecisive, so I'm approaching next week with caution. Will be looking for clear signals before committing to any new positions.
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@reader967 I feel you. It's always a gamble if you jump in too early. I'm just watching the 4760s now. If this oil blockade thing keeps up, gold could easily push past 4780. No real gaps showing for me, just noise. Better to wait for a clear signal than get chopped up.
Totally agree @reader967, this weekend is super quiet and feels a bit boring after that Friday surge. I'm also nervous about a potential gap on Monday open. That news about Iran and the Strait of Hormuz seemed to give gold a boost, but honestly, I'm not sure how sustainable that is. If oil prices stabilize because of it, that might actually take some pressure off gold. I'm not seeing huge gaps on my charts right now, but it's always a risk. I'm personally watching that 4760 area from Friday's close. If we test that and it holds, maybe it's bullish, but for now, I'm just waiting for clearer signals. Too much uncertainty to jump in.