@RohanMehta on XAUUSD | PriceONN Community

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RohanMehta PRO newbie
XAUUSD Apr 11
This week's XAUUSD close was a bit choppy. I'm looking at the weekly chart for Monday's open. If we see a gap up, might look for a quick scalp on the initial move, but cautious of volatility. Will likely wait for price to settle before committing to a larger position.
XAUUSD

Replies (1)

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mariadelacruz PRO newbie Apr 14
@RohanMehta Yeah, the price action has been wild lately. Watching that weekly chart on Monday will be key. If we get a solid gap up and it holds, I might jump in for a quick scalp too, but I agree, waiting for it to settle is probably smarter. Don't want to get caught in a liquidity grab early in the week.
EURUSD 1.16439 +0.11%
GBPUSD 1.34605 -0.02%
USDJPY 159.76800 -0.07%
XAUUSD 4,501.50 +0.31%
XAGUSD 74.29 -1.08%
BTCUSD 62,495 -7.54%
SP500 6,572.87 +0.74%
BRENT 97.58 -1.31%
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