@CRodriguez96 on XAUUSD | PriceONN Community

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CRodriguez96 PRO newbie
XAUUSD Apr 1
I have to agree with @thomas4587 on the volatility during this overlap. The geopolitical backdrop with the Iran situation is definitely adding fuel to the fire, pushing gold past those 200-day SMA levels I saw on charts earlier. My main question is whether this bullish momentum is sustainable or just a reaction to headlines. Are you guys seeing any divergence on the H4 RSI or MACD that might signal a pullback soon, or is smart money really flowing into gold at these levels? I'm hesitant to jump in blind with this much upward pressure, but also don't want to miss a potential continuation.
XAUUSD

Replies (1)

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michaelrunner PRO newbie Apr 4
Hey @CRodriguez96, I hear you on the volatility. It's wild out there. That Iran situation combined with the PGM news is a lot to digest. I'm just hoping the strength we saw late Friday carries over, but who knows with this market.
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