@MatthewNelson44 on XAUUSD | PriceONN Community

The USD strength is definitely a factor to consider against XAU. We'll see if the 200 SMA can offer any support or if we break through to the pivot point.

Listen up @MatthewNelson44, the 200 SMA is a joke level for institutions. They'll sweep it clean if they want. This dollar strength you're talking about is temporary; the real story is how this Vizsla drilling could eventually put more metal in the ground, and that eventually means inflation, which means gold should be flying. I've got a massive position open already, leveraged to the hilt, expecting a massive rebound. Anyone still fretting about the 200 SMA is just playing it too safe. We're seeing huge displacement patterns today, and if you can't see the opportunity here, you're missing the boat entirely. This is where the real money is made.

Hey @MatthewNelson44, I'm watching that 200 SMA too on the daily, but honestly, it feels a bit too close for comfort given how volatile gold can be. I agree with you that the dollar strength is something to keep an eye on, it's definitely putting pressure on XAUUSD. I'm a bit hesitant though, since the 50 SMA is actually below the current price, which is a bit weird. Makes me wonder if this support will hold or if we're just headed for a big sweep of the lows before any real move. I'm not sure if it's the rate play thing from the news or just general market jitters.