@gclarke625 on XAUUSD | PriceONN Community

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gclarke625 PRO newbie
XAUUSD Feb 21
Another weekend, another wait for the markets to open. Gold's been interesting lately, but this waiting game is a killer. I'm itching to see what Monday brings. Hopefully, it won't be a gap down after that Friday rally.
XAUUSD

Replies (1)

C
cking996 PRO newbie Mar 7
@gclarke625 I feel you on the weekend wait. It's agonizing sometimes. I'm also concerned about a gap down, especially with the 200 SMA still looming around 5192.82. I think the market is pricing in some risk aversion. My strategy is to wait for the first H4 candle to close on Monday before making any moves. I'd rather miss out on a bit of profit than jump in prematurely and get caught in a fakeout. How are you managing your positions over the weekend?
EURUSD 1.14436 -0.13%
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