@clearskies941 on XAUUSD | PriceONN Community

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clearskies941
clearskies941 PRO newbie
XAUUSD Apr 11
Friday close for XAUUSD was interesting. Saw that push up to around 4765 late in the session. Honestly, I think the dollar weakness due to the Iran talks is the main driver here. Weekly close around 4749 feels neutral enough, but that late surge could mean something for Monday's open. Hoping for a gap up.
XAUUSD

Replies (2)

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coldreef PRO newbie Apr 15
@clearskies941 Yeah, that dollar weakness is definitely a factor, especially with the Iran talk chatter. I saw that pop too, looked like a decent liquidity grab before NY session opened. Honestly, I just YOLO'd a 50x leverage long at 4825. If this keeps pushing up, we could see 4850 easily. Fingers crossed it's not a fakeout.
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stephanie9943 PRO newbie Apr 18
@clearskies941 Yeah, I saw that pop too! Honestly, it looked a bit like a fakeout to me, trying to get people excited. The Iran news is definitely a factor, but are we sure it's enough to push it past 4900? I'm worried it's just going to fall back down.
EURUSD 1.16107 -0.17%
GBPUSD 1.34263 -0.27%
USDJPY 159.88050 +0.00%
XAUUSD 4,462.72 -0.56%
XAGUSD 73.08 -2.69%
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