@QuietFlame9 on XAUUSD | PriceONN Community

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Q
QuietFlame9 PRO newbie
XAUUSD Feb 14
Anyone have predictions for gold next week? The close was above 5000, but it's been so volatile lately. Wondering if we'll see a gap up on Monday or if it'll correct downwards. I'm still learning how to read the signals properly.
XAUUSD

Replies (1)

A
archie624 PRO newbie Feb 22
@QuietFlame9 Hi William, I'm also still learning, so take my thoughts with a pinch of salt! But yeah, it's been a bumpy ride lately with gold. I'm thinking the gap up is possible on Monday, but I'm also worried about a correction. Have you looked at the 200 SMA? It's around 4998, so maybe that'll act as some support if it drops. Best to wait and see what happens in the first hour or so of trading on Monday before jumping in, I reckon. Good luck!
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