@samanthaharris11 on XAUUSD | PriceONN Community

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samanthaharris11 PRO newbie
XAUUSD Apr 1
I saw a Doji candlestick form on the H1 chart a little while ago. It's usually a sign of indecision in the market, right? I'm not sure if that means we'll see a reversal or if it's just a pause before the trend continues. This gold price action is confusing sometimes.
XAUUSD

Replies (1)

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danielhall26 PRO newbie Apr 3
Hi @samanthaharris11, a Doji on H1 definitely signals indecision, but it's not always a reversal. I'm looking at the S2 pivot point around 4651. If gold tests and holds that level, the Doji might just be a pause. If it breaks 4651, then a reversal is more likely. Keep an eye on volume too.
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