@tsheponkosi97 on XAUUSD | PriceONN Community

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tsheponkosi97
This past week was quite a ride for gold, ending with a noticeable dip on Friday. Honestly, I didn't put on any significant new positions, opting to manage existing ones and observe. Waiting for Monday's open feels like an eternity, and I'm curious to see if that Friday move was just a blip or the start of something more substantial. The news about PH7 Technologies and their PGM recovery methods is interesting, though I'm not sure how directly it impacts gold trading right now. It's more about watching the macro indicators for XAUUSD.
XAUUSD

Replies (1)

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lily3169 PRO newbie Apr 4
Totally agree @tsheponkosi97, waiting for Monday feels like ages when the market's been so choppy. That Friday dip had me looking closely too. I'm hoping it was just a bit of profit-taking before the weekend, and not a sign of more downside. Saw some news about gold consolidating above $4600 before that jobs data, so maybe it's not all doom and gloom.
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