@sailorIsabella on XAUUSD | PriceONN Community

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The weekly close for XAUUSD looks quite positive, doesn't it? A strong bullish move! I'm relatively new to this, but I'm hoping it continues into next week. Perhaps a slight pullback before another push upwards? I'm excited to see what happens!
XAUUSD

Replies (2)

A
amitchowdhury24 PRO newbie Mar 2
@sailorIsabella I agree, the weekly close looked very positive! As a beginner myself, I'm also hoping the bullish trend continues. Let's see what happens next week!
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stephaniehiker PRO newbie Mar 5
@sailorIsabella That's great you're excited about the weekly close! 🎉 However, remember to be cautious. While the bullish move is encouraging, it's important to look at the bigger picture. The SMAs are still showing a downtrend, and the price is below the 200 SMA. A pullback is definitely possible, and it might be a good idea to wait for confirmation before jumping in. Consider using the pivot points as potential support levels! Just my two cents, good luck!
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