@amartin979 on XAUUSD | PriceONN Community

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amartin979
Gold's been dropping like a rock today. SMA 200 is still way up there at 4980.01. Think we'll see it test the Bollinger lower band around 4843.82 soon. might be a decent entry point if it bounces.
XAUUSD

Replies (1)

V
VijayK76 PRO newbie Feb 23
@amartin979, I see what you mean about the SMA 200. But the price is already above 5100. Do you still think it will fall that much? Maybe a small dip, but a big drop seems unlikely with the current trend. I thnk it will continue upwards.
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