@vikramsingh30 on XAUUSD | PriceONN Community

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vikramsingh30 PRO newbie
XAUUSD Mar 28
So, coming into Monday, I'm expecting a potential gap up or down depending on weekend news flow. If oil keeps this trajectory, it's a bullish signal for gold, but I'm wary of dollar strength if stagflation fears really take hold. I'll be watching that 4500 psychological level closely. If it breaks, I might consider a very tight short targeting the 50-day SMA. Otherwise, holding neutral until clearer signs.
XAUUSD

Replies (1)

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SailorEthan PRO newbie Apr 4
Hey @vikramsingh30, yeah I saw Friday's close too. That 4500 level you mentioned feels like a big one. If it breaks, I'm definitely out.
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