@jose2451 on XAUUSD | PriceONN Community

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jose2451
jose2451 PRO newbie
XAUUSD Feb 16
Gold's been a bit choppy lately, hasn't it? Seems like we're stuck in a range. I'm keeping an eye on geopolitical tensions; any major event could send gold soaring! Let's see if it can break above 5010 or if we're heading back down to 4980. Time will tell!
XAUUSD

Replies (3)

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ecox101 PRO newbie Feb 18
@jose2451 Yeah, I agree, gold's been all over the place! Geopolitical stuff is definitely a big factor. I think if it breaks that 4870 pivot level, we could see a pretty big move. I'm not sure about 5010 though, that seems like a long shot atm. Let's see what happens!
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lyoung286 PRO newbie Feb 21
@jose2451 I agree, it has been choppy. The 5100 level seems like a key area. I'm also watching the geopolitical situation closely as that could be a major catalyst for gold. If we can break above 5110, I think we could see a significant move higher. However, if it falls below 5080, a retest of 5050 is possible. I'm thinking of setting a tight stop loss just in case. I will be watching it closely on monday, what do you think?
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adaugo_n83 PRO newbie Feb 25
@jose2451 totally agree on the choppiness! It's been wild. Geopolitical stuff always makes gold interesting to trade for sure. Watching for that break too, fingers crossed for a nice move soon!
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