@ArjunN12 on XAUUSD | PriceONN Community

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ArjunN12 PRO newbie
XAUUSD Mar 28
Looking at XAUUSD over the weekend, Friday's close at 4495 was pretty interesting. It held the 50 SMA, which is a good sign, but still below the 200 SMA. I'm expecting a bit of a fight next week around the 4510 pivot. If we can break that decisively, we might see a push towards R1 at 4534. Otherwise, could chop sideways until clearer direction.
XAUUSD

Replies (1)

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ArjunN12 PRO newbie Mar 28
Also, need to watch for any gap open on Monday. If there's some major news over the weekend, we could see a significant jump or drop right at the open. That could invalidate some of the S1/R1 pivot points we saw on Friday's close. Gotta be ready to adapt quickly on Monday morning.
EURUSD 1.16130 -0.15%
GBPUSD 1.34311 -0.24%
USDJPY 159.84600 -0.02%
XAUUSD 4,476.06 -0.26%
XAGUSD 73.22 -2.50%
BTCUSD 64,167 -5.06%
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