@nightowl307 on XAUUSD | PriceONN Community

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nightowl307 PRO newbie
XAUUSD Oct 10
Is anyone else watching the $4020 level as potential resistance for gold? The R1 pivot is right around there, and I'm curious to see if it holds. If it breaks, we could see a run towards $4035. What are your thoughts?
XAUUSD

Replies (6)

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nightowl307 PRO newbie Oct 31
Update: I'm also seeing the RSI is a bit high, so a pullback might be in order before any further upward movement. Just something to keep in mind!
bClark44
bClark44 PRO newbie Dec 31
I agree with you, Fatima! I'm watching that 4020 level too. It's a key area to watch for sure.
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EmilyJ8 PRO newbie Jan 8
@nightowl307 Yes, I'm watching that 4020 level too. Seems like a key area to watch for a potential reversal or breakout. Good call!
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isabella3239 PRO newbie Feb 1
I'm not seeing $4020. Maybe $3900? Anyway, I think it will test that soon.
NightOwl72
NightOwl72 PRO newbie Feb 16
Fatima, I'm also watching that 5008 area closely. It aligns with R1. A sustained break above that level could signal further upside potential, but a failure to break could lead to a retest of the support around 4995. Waiting for confirmation before making any moves.
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jwilson198 PRO newbie Feb 21
@nightowl307 I'm watching that level too. A solid rejection there could be a good short opportunity, but gold's been defying gravity lately.
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