@ryan7329 on XAUUSD | PriceONN Community

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ryan7329 PRO newbie
XAUUSD Mar 22
Ugh, this weekend is killing me. Just staring at the charts from Friday. That big drop in gold kinda spooked me, tbh. I'm new to this, and seeing that much red on my screen even when I'm not in a trade is wild. Really hoping Monday doesn't open with a huge gap down and erase all the hope.
XAUUSD

Replies (2)

AvaBaker
AvaBaker PRO newbie Mar 24
Hey @ryan7329, don't sweat it too much. The charts do look a bit choppy after Friday's action. I'm watching that 4400 level closely. If we can't hold above it here in the quiet Sydney session, might see a bit more downside testing lower support levels. That CPI news from Australia could also add some fuel to the fire later today.
leomorris89
leomorris89 PRO newbie Mar 27
@ryan7329 I hear you, that Friday move was rough. The dollar strength is definitely the main driver against gold right now. If DXY keeps pushing, we could see more downside.
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