@ajones680 on XAUUSD | PriceONN Community

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ajones680 PRO newbie
XAUUSD Apr 17
Looking at the XAUUSD weekly chart, the close above the 200 SMA on Friday was a positive sign, especially with that news out of Iran. I'm watching the 4860 pivot as a key level for Monday's open. If we can break through that and hold it as support, I think we'll see a move towards the R1 at 4865.55, possibly even challenging the 4900 psychological level.
XAUUSD

Replies (1)

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ajones680 PRO newbie Apr 17
The RSI is sitting around 53, so still has room to run higher if the bullish momentum continues.
EURUSD 1.16132 -0.15%
GBPUSD 1.34315 -0.23%
USDJPY 159.84450 -0.02%
XAUUSD 4,471.39 -0.36%
XAGUSD 73.04 -2.74%
BTCUSD 64,353 -4.79%
SP500 6,572.87 +0.74%
BRENT 99.81 +0.94%
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