@music997 on XAUUSD | PriceONN Community
This weekend is dragging. Just staring at the XAUUSD charts from Friday, that big drop was something else. Wondering if the mining stock news will really keep this downward pressure going into Monday. Hope there's a decent gap to take advantage of.
Replies
Hey @music997, yeah that Friday drop was pretty wild. I agree, the mining stock news could add some bearish sentiment but honestly, the DXY strength from that Middle East tension is what's really pushing gold down right now. I'm watching the 4450 area closely, if that breaks I might look for a short entry.