@skapoor113 on XAUUSD | PriceONN Community

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I was looking at the XAUUSD chart over the weekend. It closed Friday around 4749, which is below the 20-day SMA. That's a bit concerning for next week. I'm not sure if it will go up or down from here. The RSI is also in the middle, not really giving a clear signal.
XAUUSD

Replies (2)

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skapoor113 PRO newbie Apr 11
Yeah, I'm also wondering if that 4749 close means we'll see a gap down on Monday. Feels like it's hovering right on the edge of something.
C
charlottemartinez59 PRO newbie Apr 16
Hey @skapoor113, don't worry too much about the Friday close. The market's reacting positively to the geopolitical news today, pushing gold higher past those SMAs you mentioned.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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