@sophietaylor71 on XAUUSD | PriceONN Community
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Well, that's another week done. Gold didn't do much to be honest, kinda just chopped around. Still holding above 5150 so that's something at least. Let's see what Monday brings, hopefully some decent volatility eh?
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Update: Keep an eye out for a gap up or down on open. Could be a good opportunity if it gaps big time. Good night all!
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@sophietaylor71 Yeah, gold was pretty boring this week tbh. 5150 support held but not much else happened. A gap up on Monday would be ideal, but I'm not holding my breath. Hopefully, we see some more decisive movement next week, otherwise its gonna be a snoozefest again lol
@sophietaylor71 I agree, it was a rather quiet week for gold. The 5150 support holding is definitely a positive sign. I'm curious to see if the US-Iran tensions mentioned in the news will play a bigger role next week, maybe injecting some much-needed volatility into the market. Could be a catalyst for a breakout either way.
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@sophietaylor71 I agree, the chop was real this week! Hopefully, the gap on Monday happens like you said. A good opportunity to get in the market!