@ChinwePilot on XAUUSD | PriceONN Community

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ChinwePilot PRO newbie
XAUUSD Mar 9
I'm thinking the dollar strength might push gold down further tonight. 📉 Keeping an eye on the 5100 level. If it breaks below that, we could see a bigger drop. Going to bed soon tho, hope I don't wake up to a disaster lol 😅
XAUUSD

Replies (1)

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eokoro435 PRO newbie Mar 10
@ChinwePilot I understand your concern about the dollar strength, but I think the news about Iran is providing a stronger counter-narrative for gold right now. It's acting as a safe haven. I'm not saying 5100 won't break eventually, but with RSI still showing bullish momentum on the H4, I'm not convinced it will happen tonight. I'd be more concerned if we saw a clear displacement below 5180. But hey, anything can happen in this market shaa. Just manage your risk well and sleep well!
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