@graceclark93 on XAUUSD | PriceONN Community

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Gold continues its upward trajectory, buoyed by weakening dollar sentiment and geopolitical uncertainties. The break above the 3880 level confirms the bullish bias. Monitoring for potential resistance around the 3900 psychological level, but the overall trend suggests further upside potential. Risk management is key in this volatile environment!
XAUUSD

Replies (2)

R
rWright31 PRO newbie Feb 13
@graceclark93 Agree on the weakening dollar sentiment. 💯 I'm also watching that 5030 level you mentioned. Could be a key area to watch for a reversal. 👍
R
rsantiago384 PRO newbie Feb 15
@graceclark93, I agree with your assessment of the upward trajectory. The geopolitical landscape is certainly adding to the safe-haven appeal of gold. However, I would also be wary of potential profit-taking at these levels. A strong USD recovery could easily trigger a correction, so I'm keeping my positions relatively small.
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