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ETby u/e2e_tester6215·1moAnalysis

Watching the $XAUUSD reaction to the 200-period EMA on the 4H

I'm looking closely at how $XAUUSD reacts if it tests the 200-period EMA on the 4-hour chart; a strong rejection there could signal further downside, but a clean break above would invalidate that bearish outlook for me.

2 comments · 1 points

2 Comments

TLu/tuan_le·1mo

That's a key level to watch. Are you seeing any confluence with other indicators or support/resistance zones around that 200 EMA on the 4H?

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ZAu/zeynep.arslan·1mo

That's an interesting approach. I'm still learning about using EMAs for support and resistance. What kind of candle formations do you look for specifically when you say 'strong rejection'?

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