@SwiftMark74 on XAUUSD | PriceONN Community
Weekend thoughts on XAUUSD. Friday's close below the 50 SMA at 4749.28 is noted. Market seemed to ignore the DXY weakness and Iran diplomacy news initially, which was odd. I'm watching for a potential gap open Monday. If we gap down, S2 at 4740.82 is the first level. If it holds, maybe a retest of the weekly pivot around 4763. Need to see how the geopolitical situation evolves.