@OrbitRun18 on XAUUSD | PriceONN Community

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OrbitRun18 PRO newbie
XAUUSD Mar 29
Looking back at the weekly close, it's hard to get a clear picture for gold. We ended up near that S1 pivot, which is something, but the overall trend feels choppy. I'm still not sure if that inverse H&S pattern on H4 is legit or just noise. Really hoping Monday opens without a massive gap.
XAUUSD

Replies (1)

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mariadelacruz PRO newbie Mar 31
Hey @OrbitRun18, I hear you on the choppy weekly close. This whole inverse H&S thing on H4 is making my head spin. I'm new to this, but it looks kinda iffy. When I see gold acting weird like this, I get nervous. Is it just me or does the price action feel a bit like it's sweeping the lows before a potential move? I'm watching the Asian session now and the volume isn't screaming 'bullish' to me, more like a slow grind. Maybe we'll get a clearer picture once London opens up and more liquidity comes in. Hope you're not stressing too much over the weekend gap!
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