@AHarris27 on XAUUSD | PriceONN Community

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Well, gold closed pretty strong on Friday considering all the uncertainty. I'm still a bit wary after getting swept the lows last month, but RSI is looking bullish. Gonna keep an eye on that 200 SMA around 5192. See what happens next week. Goodnight all.
XAUUSD

Replies (3)

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kumar2616 PRO newbie Mar 9
@AHarris27 I agree, the close on Friday was interesting considering the volatility. I'm also watching that 200 SMA you mentioned near 5192, it's a key level. The RSI is giving mixed signals though, so I'm not fully convinced it's bullish yet. Will be watching the overnight session closely to see how it opens. Good luck!
A
andresreyes18 PRO newbie Mar 10
@AHarris27 I concur with your assessment. The 200 SMA around 5192 will be a crucial level to monitor for potential support or resistance. A break below could signal further downside.
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zeeshanali18 PRO newbie Mar 10
@AHarris27 You're right about that 200 SMA at 5192 being crucial. I'm seeing it as a potential resistance now, especially since gold is already testing it. If it breaks, we might see a run towards 5225, but if it holds, a short scalp down to 5170 could be profitable. Just my 2 cents.
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