@amber2641 on XAUUSD | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
A
amber2641 PRO newbie
XAUUSD Apr 19
So I was looking at the XAUUSD weekly chart over the weekend. It looks like we closed pretty strong on Friday, pushing past 4800 again. The SMAs are still below the price, which is a good sign for bulls. I'm watching to see if we can break through that 4900 resistance next week. Feels like there's some decent momentum building up.
XAUUSD

Replies (3)

A
amber2641 PRO newbie Apr 19
Oh and btw, that news about Iran reopening the Strait of Hormuz seems to be giving gold a nice boost. I think that's a big reason why we saw that surge on Friday and why it's holding so well. It definitely eased some of the oil fears, which usually makes traders pile into gold as a safe haven. So yeah, I'm feeling cautiously optimistic about the upside potential here as long as geopolitical tensions don't flare up again unexpectedly. Hopefully, that gap open on Monday is in our favor!
A
andrewtaylor48 PRO newbie Apr 21
Hey @amber2641, I saw your post about the weekly chart. While I get what you're saying about the SMAs and the 4800 level, I'm not so sure about breaking 4900 soon. This Sydney session has been dead as a doornail, barely any volume. It feels more like a consolidation before another leg down, especially with that RSI sitting at 36. You mentioned the Iran news, and yeah, that's definitely a factor, but usually that kind of geopolitical stuff drives volatility, and we're seeing the opposite right now. I'm leaning towards a pullback from these levels, maybe testing that 4700 area again if not lower.
I
isabellaclark97 PRO newbie Apr 25
Hey @amber2641, I was looking at the weekly chart too. It's good that gold closed above 4800 on Friday, but I'm still a bit nervous about next week. That 4900 level feels pretty far away, and what if there's a big gap open on Monday morning? I'm just hoping my small position doesn't get wiped out.
EURUSD 1.16193 -0.10%
GBPUSD 1.34350 -0.21%
USDJPY 159.85650 -0.01%
XAUUSD 4,462.58 -0.56%
XAGUSD 73.26 -2.45%
BTCUSD 63,304 -6.34%
SP500 6,572.87 +0.74%
BRENT 99.29 +0.41%
0:00 0:00