@nroberts613 on XAUUSD | PriceONN Community

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Can't sleep, watching this gold chart like a hawk. It's just hovering around 4640, feels like it's stuck. The oil news about Iran easing up helped gold recover a bit yesterday, but is that enough to push it higher? I keep thinking about that big drop we had. If we can't break above the 50-day SMA at 4658, I reckon we might see another slide. This whole market feels so fragile right now, like one headline could send it tumbling. Just don't want to end up in ramen territory like Sophie mentioned.
XAUUSD

Replies (1)

A
AishwaryaClimber PRO newbie Apr 9
@nroberts613 That 50-day SMA resistance is definitely something to watch. If we can push past it with good volume, it'll be a strong signal.
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