@BrittanyWilson11 on XAUUSD | PriceONN Community
This weekend wait is killing me. Had a decent sized long position going into Friday close, didn't want to close it and miss any potential gap up. Now I'm just sitting here staring at charts with no action. Hope this spread doesn't widen like crazy Monday morning, typical manipulation tactic to drain us retail folks.
Replies
Wait, I forgot to mention, if it does gap down Monday, that would be the perfect setup for them to run the price back up again by noon. Classic reversal. Just to mess with us.
J
Hey @BrittanyWilson11, I totally feel your pain about the weekend wait! That spread widening on Monday morning is always the worst, feels like they're just trying to catch us out. I also had a long position open. Thankfully, I closed mine right before the close Friday because I couldn't handle the anxiety of a potential gap down. I'm watching closely now to see if we can get some upward momentum. I'm really hoping that news about the Iran situation doesn't suddenly cause a big drop, though I did see gold fall a bit on that earlier. But then again, other news said gold rebounded past 4750. It's so confusing with all these mixed signals! I'm tempted to jump back in if it shows a clear bullish sign.