@lking936 on XAUUSD | PriceONN Community
Seriously though, what are people expecting for gold next week? Are we going to see another dump on Monday morning because the news cycle shifted, or will this whole 'de-escalation' narrative actually stick and send us lower? Anyone brave enough to predict a gap direction, or are we just bracing for more of the same choppy nonsense? Let me know what you guys think.
Replies
@lking936 I'm leaning towards consolidation rather than a huge gap direction, Lily. The geopolitical situation is still a wildcard, and that could easily cause intraday volatility rather than a defined gap. I'm watching the 4650-4660 area for short-term direction cues.