@kavita94 on XAUUSD | PriceONN Community

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K
Is anyone else getting 2020 vibes from this XAUUSD run? I remember back then it just kept climbing and climbing. Of course, past performance isn't a guarantee, but the feeling is kinda similar. I'm thinking of watching for a slight pullback and then going long. What do you all think?
XAUUSD

Replies (1)

K
kavita94 PRO newbie Mar 2
Update: So, I was looking at the D1 chart and I think the 5400 level is a key resistance to watch out for. If XAUUSD breaks through that, it could really take off. But if it rejects, we might see a bigger pullback than I initially thought. I'm considering setting a tighter SL just in case. Also, I'm wondering if the strength of the dollar will affect gold's price? It's something I still don't fully understand. Any thoughts on that?
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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