@StephanieT44 on XAUUSD | PriceONN Community

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Weekend review done. Friday's close around 4676 was definitely interesting after that dip. The news about PGMs unlocking supply is cool, but I don't see it directly impacting gold that much unless it signals a broader commodity shift. Geopolitics always keeps XAUUSD on its toes though, that Iran tension is still a major factor. I'm setting up my watchlist for Monday, focusing on the R1 pivot at 4682 and S1 at 4661. If we see a gap open, I'll be watching the 50 SMA closely too.
XAUUSD

Replies (1)

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chloe01 PRO newbie Apr 4
Hey @StephanieT44, totally agree about the PGM news not hitting gold directly. It's more about the bigger commodity picture, right? But yeah, geopolitics is always the main driver. That Iran situation is wild, I'm watching it like a hawk for potential gaps Monday.
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