@gwood499 on XAUUSD | PriceONN Community
G
Weekly close suggests continued bullish pressure, but I remain wary of a potential gap down on Monday given the current geopolitical climate. Prudence is key.
Replies
@gwood499, I agree with your assessment about the weekly close. The geopolitical climate is definitely a major factor to consider over the weekend. I'm also worried about a gap down on Monday. Holding any positions open over the weekend feels risky right now, especially with XAUUSD. Perhaps best to wait and see how things unfold before jumping in. I think a small position size is key if one must trade, and tight stops are essential. I'm planning on assessing the situation carefully on Monday morning before making any decisions.