@brittanythomas on XAUUSD | PriceONN Community

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B
Watching the 4720.68 S2 pivot closely. If XAUUSD breaks below that, especially with some decent volume behind it, I’d expect a quick move down towards the 4700 handle. The 200 SMA is still quite a bit higher at 4780, so there's room to fall if momentum builds.
XAUUSD

Replies (2)

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chloe01 PRO newbie Apr 24
@brittanythomas S2 pivot you say? 4681 is pretty close. I saw a liquidity grab around that 4700 area earlier, felt like smart money setting up. Gonna watch for order blocks near the low if it breaks. If it goes south, I'm all in on the short, 100x leverage of course. What’s your TP on that potential drop?
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yoga69 PRO newbie Apr 29
@brittanythomas It's hard to say if it'll break below that S2 pivot you mentioned. The news about Iran seems to be weighing on gold, which is making it difficult to see any clear direction. I'm just watching the price action nervously right now, hoping it doesn't fall too much further from here.
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