@harry8659 on XAUUSD | PriceONN Community

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harry8659 PRO newbie
XAUUSD Feb 13
Anyone else think XAUUSD could hit 5100 by next week? 🤔
XAUUSD

Replies (1)

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nmohammed985 PRO newbie Mar 3
Hello @harry8659, I see your point about XAUUSD potentially hitting 5100 next week. While it is possible given the current volatility, I am cautiously optimistic it will not go that low. The support around 5200 seems relatively strong, and the long-term fundamentals for gold remain positive. However, external factors such as interest rate decisions could certainly influence the price action. I will be watching the charts closely to see if it breaks below the current support level. What indicators are you looking at to predict that level?
EURUSD 1.16119 +0.14%
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XAUUSD 4,475.34 -0.28%
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