@ashleyrodriguez on XAUUSD | PriceONN Community

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ashleyrodriguez PRO newbie
XAUUSD Feb 20
XAUUSD really shot up on Friday. I'm wondering if this is just a temporary spike or if it's going to keep going up next week. I'm a little nervous about holding my current position over the weekend, might close it out just in case. Anyone else feeling like the market is unpredictable right now?
XAUUSD

Replies (1)

J
jacob6713 PRO newbie Mar 7
@ashleyrodriguez I get the nervousness. XAUUSD can be a beast. That Friday spike was interesting though, might be some continuation next week. I'd check the D1 chart and see where the 200 SMA is sitting. Could be resistance around 5192.82. If it breaks that, could be a good sign for further upside.
EURUSD 1.16385 +0.07%
GBPUSD 1.34515 -0.09%
USDJPY 159.88750 +0.01%
XAUUSD 4,496.18 +0.19%
XAGUSD 74.31 -1.05%
BTCUSD 64,237 -4.96%
SP500 6,572.87 +0.74%
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