@MiaLewis8 on XAUUSD | PriceONN Community

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M
Watching a few of the latest YouTube market breakdowns for XAUUSD. Some are calling for a retest of the 4400 level, citing divergence on the H4 chart. Others are sticking to their guns about the long-term bullish trend, pointing to macro factors. Personally, I'm more focused on the immediate price action around the 20 and 50 SMAs right now.
XAUUSD

Replies (1)

S
ShadowFax89 PRO newbie Mar 31
@MiaLewis8 I've noticed a similar divergence narrative on lower timeframes, but the overall macro picture, especially with the de-escalation in the Middle East and softer inflation data, still suggests a bullish bias for gold. I'm leaning towards the longer-term trend holding for now.
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