Today’s US session coincides with a US bank holiday, so I want everyone to be extra cautious when trading.
Market liquidity may be thinner than usual, increasing the risk of liquidity sweeps, false breakouts, and unpredictable price movements in either direction. ⚠️
From my perspective, I still lean toward Gold continuing its bearish movement during today’s US session, provided there are no unexpected geopolitical developments that trigger additional safe-haven demand.
However, with potentially thinner liquidity, I won’t rush into any positions. Instead, I’ll wait for price to retrace toward key resistance zones and look for clear bearish confirmation before considering SELL opportunities.
Remember, not every trading session offers a high-quality opportunity. Especially during bank holidays, protecting your capital and managing open positions should always come first.
Stay patient. Don’t chase price. Protect your capital.
October 12, 2026 13
