@shaziaiqbal44 on XAUUSD | PriceONN Community
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This week's close was pretty wild, especially with that sharp drop on Friday. The news about mining companies needing tech overhauls and the cooling safe-haven demand definitely put pressure on gold. I'm thinking we might see a gap down on Monday morning, especially if that oil price surge continues to drive sentiment away from gold. Definitely need to manage my risk carefully heading into the week.
Replies
A gap down on Monday? Please. The algos are already programmed to take our stops the moment the market opens. This whole 'safe-haven demand cooling' narrative is just a cover for the usual manipulation. They'll engineer whatever move they want, gap or no gap.