@mustapha2273 on XAUUSD | PriceONN Community

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M
Just jumped in long on XAUUSD at 4505. Saw that pivot P at 4509 and figured it might be a good entry point to catch some of the early Asian session upside. Targeting around 4525 for a quick scalp. Hoping this geopolitical easing hints translate into some demand for gold. Fingers crossed it doesn't sweep the lows first.
XAUUSD

Replies (1)

M
mustapha2273 PRO newbie Mar 30
Actually, I just remembered that news about central banks increasing gold holdings. That's a pretty big bullish fundamental right there, makes me feel a bit better about this long. If the price starts to consolidate and hold above this 4500 level, I might even add to my position. The quiet market is a bit unnerving though, feels like anything could happen when liquidity picks up later. But for now, looking at that 4525 TP, it seems achievable.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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