@dawnbreak863 on XAUUSD | PriceONN Community

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dawnbreak863
dawnbreak863 PRO newbie
XAUUSD Apr 1
Watching the 4750 area very closely. It was a major resistance level last week and held as support on the initial dip earlier today. If we see a solid bounce off this level, then the bullish momentum might continue. The 50 SMA is also rising nicely below current price.
XAUUSD

Replies (2)

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davidgarcia96 PRO newbie Apr 2
@dawnbreak863 That 4750 level was key but looks like it got blown through quick. This political uncertainty is making gold wild, I think we're heading lower. Might be a good time to short if you're feeling brave.
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bscott342 PRO newbie Apr 4
@davidgarcia96 I hear you on the political uncertainty driving gold. The PH7 tech news is interesting but probably not moving gold directly unless it impacts broader market sentiment. Watching that 4750 level myself, but it feels like it's going to be a battle.
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