@mSmith61 on XAUUSD | PriceONN Community

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mSmith61
mSmith61 PRO newbie
XAUUSD Apr 3
Looking at the Asian session, XAUUSD is consolidating just above the S1 pivot. RSI is sitting right at 51, which is pretty neutral territory, but I'm seeing some early signs of bullish divergence on the M15 chart. If we can break through the R1 resistance at 4677, I think we could see a nice move higher into the European session. The recent Canadian trade deficit news, driven by gold imports, suggests underlying demand.
XAUUSD

Replies (1)

R
rkumar935 PRO newbie Apr 9
Hi @mSmith61, that bullish divergence sounds promising! I hope you're right about breaking R1. I'm just too scared to jump in right now with all the overnight risk and geopolitical stuff.
EURUSD 1.16182 -0.11%
GBPUSD 1.34350 -0.21%
USDJPY 159.85850 -0.01%
XAUUSD 4,467.78 -0.44%
XAGUSD 73.35 -2.33%
BTCUSD 63,359 -6.26%
SP500 6,572.87 +0.74%
BRENT 99.24 +0.36%
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