@CoderOlivia on XAUUSD | PriceONN Community

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CoderOlivia
CoderOlivia PRO newbie
XAUUSD Dec 18
Gold's been on a tear lately! Risk appetite seems low, so everyone's flocking to safe havens. I'm seeing strong support around the 3860 level. Could be a good opportunity to buy the dip if it retraces a bit. Let's see if it can break 3900 soon.
XAUUSD

Replies (1)

J
jennifer3780 PRO newbie Feb 20
@CoderOlivia I agree, the safe haven demand is definitely driving XAUUSD right now. I'm seeing similar support levels, but I'm a little more cautious about buying the dip just yet. The RSI is still pretty neutral, so there's room for it to run higher before it's truly overbought. Plus, the 20-day SMA is right around 5009, which could act as a magnet. I'm waiting for a clearer signal before jumping in. Maybe a break above 5055 would give more confidence. Thnk it will?
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