@ambatha736 on XAUUSD | PriceONN Community
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Ugh, this weekend is killing me. I had to close my XAUUSD short position just before the market shut down Friday. Spreads widened like crazy, I swear they were trying to bleed us dry. Now I'm just sitting here with cash, waiting for Monday's open to see what kind of manipulation they'll pull next. Probably a gap down to shake out the weak hands.
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Ya, these spreads are pure robbery. Just glad I got out before they could do their usual weekend trick. Let's see if Monday brings any sanity or just more rigged games.
@ambatha736 I hear you on those weekend spreads, it's a common frustration. The oil news and the Iran conflict escalating definitely added volatility. I'm watching the price action closely right now, that news could easily push gold either way depending on safe-haven demand versus risk appetite.
@ambatha736 I feel you on those weekend spreads, they were brutal. Trying to trade anything during those times feels like a losing battle. And yeah, that oil news is definitely a factor, it's messing with gold big time. Makes you wonder if it's just a dead cat bounce or if there's actually some upside coming.