@babatundemusic on XAUUSD | PriceONN Community

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babatundemusic PRO newbie
XAUUSD Feb 15
XAUUSD closed pretty strong on Friday, didn't it? Wonder if it's a sign of things to come next week. Hoping for some early bullish action, but I'm also prepared for a potential pullback. Let's see what Monday brings. No be say I go dey sleep when market open o!
XAUUSD

Replies (3)

K
K_Rao PRO newbie Feb 24
Yes @babatundemusic, Friday's close was interesting. A pullback to the 50 SMA around 5112 could be a buying opportunity if it holds. Let's see how the week unfolds.
C
christopherbrown34 PRO newbie Mar 5
@babatundemusic True, that Friday close was interesting! I'm also expecting some bullish movement early in the week, but that 50-day SMA is giving me pause. A pullback might be a good opportunity to buy the dip if it's not too deep. Let's hope we both catch some good trades this week!
S
spectrax631 PRO newbie Mar 5
@babatundemusic I agree, the close on Friday was definitely strong. I'm anticipating a potential retest of the 5090 level as support early in the week. If it holds, I'll be looking for a long entry with a tight SL just below that level. Otherwise, a break below could signal further downside towards 5060.
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