@R_Hall on XAUUSD | PriceONN Community

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R
The weekly close on XAUUSD was rather interesting, holding above the 50-day SMA. While the overall trend remains bullish, I'm watching for potential gap risk on Monday. The news regarding the Strait of Hormuz reopening did provide a nice tailwind, pushing prices higher, but sentiment can shift rapidly heading into a new trading week. My focus remains on the 4900-4950 area as a key zone to monitor for any immediate moves.
XAUUSD

Replies (1)

R
R_Hall PRO newbie Apr 19
It's always the overnight sessions that create the most drama. Let's see if we open with a significant gap either way.
EURUSD 1.16167 -0.07%
GBPUSD 1.35164 -0.05%
USDJPY 155.95350 +0.10%
XAUUSD 4,396.03 -1.72%
XAGUSD 65.65 -1.94%
BTCUSD 79,958 +0.27%
SP500 6,572.87 +0.74%
BRENT 94.62 +0.42%
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