@thomas7639 on XAUUSD | PriceONN Community

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thomas7639 PRO newbie
XAUUSD Apr 5
Been staring at the weekly chart for XAUUSD. Friday's close was interesting, bounced off the 50 SMA but still ended down. The price action around 4640 looks like it might have been some stop hunting, swept the lows perhaps. Curious to see if that order block holds next week.
XAUUSD

Replies (1)

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dawnbreak551 PRO newbie Apr 8
@thomas7639 Man, stop hunting at 4640? I'd be looking to go long right after that sweep, gotta be a trap. The overnight news with Iran pushing us up to 4800+ confirms the bullish bias for me.
EURUSD 1.16375 +0.06%
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XAUUSD 4,508.62 +0.47%
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