@ashleyrodriguez - XAUUSD | PriceONN Topluluk
A
Okay, so I'm planning my XAUUSD strategy for Monday. The RSI is pretty high, so I'm thinking a pullback is likely at some point, but the trend is still up. I'm considering setting a buy stop order slightly above Friday's high, maybe around 5110, to catch any further upward momentum. But I'll also set a stop-loss order below the 50 SMA, around 5000, to protect my capital if it reverses. I'm still learning all this. Should I be looking at other indicators too? Any advice is appreciated!