XAU has been struggling on the 1-hour chart for most of the day, but ultimately still couldn't escape the fate of a decline. The market has indeed provided a clear direction, but with the weekend approaching and the market about to close, we might need to wait after this drop. If the price retraces to the right level when the market opens next week, there should still be a chance to go long. There's no need to rush in the short term; waiting for the post-holiday rhythm to set the strategy will be more prudent.
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SchrodingersPaper
· 13h ago
Just go ahead and do it, I won't dare to move on Friday anyway, haha.
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ForkYouPayMe
· 13h ago
This wave of decline before the weekend is really annoying. Just waiting for the rebound next week.
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ParallelChainMaxi
· 13h ago
Another lackluster movement, gold is just too lazy to move
Before the weekend, it's just running alongside; let's see the real performance next week
Wait for the pullback, don't chase highs, everyone
XAU has been struggling on the 1-hour chart for most of the day, but ultimately still couldn't escape the fate of a decline. The market has indeed provided a clear direction, but with the weekend approaching and the market about to close, we might need to wait after this drop. If the price retraces to the right level when the market opens next week, there should still be a chance to go long. There's no need to rush in the short term; waiting for the post-holiday rhythm to set the strategy will be more prudent.