@oliviawright on XAUUSD | PriceONN Community
I'm planning my strategy for XAUUSD next week, and I'm considering a short position if it gaps up on Monday open. I'll be closely monitoring the price action around the 5180 level. If it breaks that, I'll re-evaluate. Otherwise, a tight stop-loss just above that level seems prudent. I'm also watching the news, particularly anything related to the Canadian economy, as that could impact gold prices. I'll also keep an eye on DXY. Might be a volatile week!