@karthikmenon93 on XAUUSD | PriceONN Community

Hey @karthikmenon93, totally agree. This weekend is all about damage control and prep for next week. Last week was a rollercoaster with that oil scare causing some wild swings. I'm already thinking about how to set my SL tighter if we open with a gap against my position. Don't want to be a bag holder if smart money decides to shake things out. That news about Iran reopening the Strait of Hormuz definitely gave gold a boost, but that $4900 level is looking like a solid wall right now. I'm just hoping for a steady open and not too much crazy volatility right out of the gate. Studying charts helps, but honestly, I'm just anxious to see how Monday plays out.