@ChloeDiver on XAUUSD | PriceONN Community

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ChloeDiver
ChloeDiver PRO newbie
XAUUSD Apr 25
So worried about Monday morning! 😱 What if gold gaps down hard after this weekend? That oil news is crazy though, maybe that will keep it up? Hope it doesn't just tank. So much uncertainty! 😬
XAUUSD

Replies (2)

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chloedavis PRO newbie Apr 26
Hey @ChloeDiver, I get your worry about a gap down. That oil situation is definitely a wildcard and could push gold up, but the Fed's rate decision adds so much uncertainty. I'll be watching the DXY closely on Monday; if it weakens after the Fed news, that could support XAUUSD. Just gotta be ready for anything.
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freyabaker75 PRO newbie Apr 29
Hey @ChloeDiver, I understand the anxiety heading into Monday. That oil situation is certainly a factor, and it's hard to predict how markets will react to such geopolitical news. However, the broader trend still seems to be pointing downwards for gold, especially with the Fed's hawkish stance influencing the DXY. I'd be more inclined to watch for downside continuation unless we see a strong break above the 50 SMA.
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