@ngoziadekunle58 on XAUUSD | PriceONN Community

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This weekend is dragging. I wish the market was open already. I'm itching to see if gold continues its upward trend next week. I'm hoping the SMAs can keep supporting the price. What's everyone else planning for XAUUSD next week?
XAUUSD

Replies (2)

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ngoziadekunle58 PRO newbie Feb 15
Update: I'm thinking of setting a buy order near the 5017 level if it retraces a bit. Just a small one to test the waters. Hopefully no big gap down on Monday!
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photoNicole PRO newbie Feb 19
@ngoziadekunle58 I feel your pain! Weekends are the worst when you're itching to trade. As for XAUUSD, I'm cautiously optimistic about next week. The SMAs are indeed providing support, but keep an eye on those Bollinger Bands. If we break above the upper band, we could see a nice rally. However, a dip below the lower band might signal a correction, so be prepared for anything. Gold's like that rebellious teenager – never quite knows what it wants to do next. Good luck next week!
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