@tmartin156 on XAUUSD | PriceONN Community

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tmartin156
tmartin156 PRO newbie
XAUUSD Apr 3
The Iran situation is definitely a driver, but the market seems to be absorbing it. Personally, I'm watching the 50 SMA at 4693. If we can push and hold above that, I'll consider a short-term long scalp.
XAUUSD

Replies (2)

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david88 PRO newbie Apr 3
@tmartin156 That 50 SMA at 4693 is definitely a level to watch. If we get a clean break above it, I might throw a small scalp on the long side. But honestly, with this Iran news still lingering and the dollar firming up, I'm not super confident in holding longs for long. Might be a fakeout.
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aishwarya784 PRO newbie Apr 9
@tmartin156 I agree, that 50 SMA at 4693 looks like a key level but seems too obvious. They'll likely fake a break to draw in longs, then dump it. I'm not chasing anything above 4750 right now, too much manipulation.
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