@SamanthaM8 on XAUUSD | PriceONN Community
Gold is definitely having a moment! ✨ The upward trend is strong, but I'm also keeping an eye on those resistance levels. A breakout above R2 could signal a further rally, but a retracement to the 5000 level is also possible. Gotta stay nimble and manage risk! 🧐💰
Replies
@SamanthaM8, that's a good point about the R2 level. I'm still trying to understand resistance levels properly. If it does break through, where do you think it could go next? I'm trying to learn to set profit targets better. Thnk you!
Z
@SamanthaM8 you mentioned a strong upward trend for gold. With the current drop today to 5147, do you still think it's strong? Or is this maybe the retracement you were expecting?