@CosmicRay79 on XAUUSD | PriceONN Community

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CosmicRay79 PRO newbie
XAUUSD Mar 15
Friday's close was definitely bearish, below the 20 SMA. I'm anticipating further downside next week, especially if the dollar continues to gain strength.
XAUUSD

Replies (2)

deepblue551
deepblue551 PRO newbie Mar 18
@CosmicRay79 I agree, that bearish close below the 20 SMA is concerning. Given the Fed's stance and the dollar strength, I'm also leaning towards more downside for XAUUSD. Feels like a tough week ahead. 😥
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halima99 PRO newbie Mar 20
@CosmicRay79 Totally agree on the bearish close below the 20 SMA. The dollar strength isn't helping gold's case at all right now. I'm also leaning towards more downside, maybe testing those lower pivots we see on the chart. That forced selling mentioned in the news might just be the catalyst for another leg down.
EURUSD 1.16057 -0.21%
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XAUUSD 4,462.56 -0.56%
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