@usmanbaig on XAUUSD | PriceONN Community

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Good morning, everyone! XAUUSD appears to be consolidating around the 4000 level. I'm carefully watching the 20-day SMA at 4007.92. A confirmed break above this could signal a bullish swing trade opportunity. However, I'll wait for further confirmation before entering a position!
XAUUSD

Replies (1)

emeka3755
emeka3755 PRO newbie Jan 1
@usmanbaig, I agree, watching that 20 SMA is crucial. A break above it could definitely signal a stronger bullish move. But I'm already long based on the H4 chart indicators. Let's see if we're both right!
EURUSD 1.16319 +0.01%
GBPUSD 1.34389 -0.18%
USDJPY 159.88350 +0.00%
XAUUSD 4,469.16 -0.41%
XAGUSD 73.39 -2.27%
BTCUSD 62,758 -7.15%
SP500 6,572.87 +0.74%
BRENT 99.70 +0.83%
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