@ava5261 on XAUUSD | PriceONN Community
Well, that was a week! Gold closed higher than I thought it would, tbh. I'm keeping an eye on those pivot points next week, especially R1 at 5038.81. I'm hoping to see some good movement and maybe a chance to add to my position, but I'm also prepared for a bit of a pullback. Fingers crossed for a green week!
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Hi @ava5261, I'm also keeping an eye on those pivot points. 5038.81 is definitely a level to watch. I'm still trying to understand how reliable pivot points are, but it's good to know others are looking at them too. What strategy are you using to decide when to add to your position? I'm trying to learn different entry and exit strategies. Also, how do you prepare for a pullback? Do you set stop losses or just wait it out? I'm finding it hard to manage my emotions when the price moves against me.
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@ava5261 hey! yeah a pullback makes sense with the bearish trend we're seeing. my R1 is showing as 5160.44 but definitely watching those levels. hope you get some good moves!
Hey @ava5261, yesss, gold definitely surprised a lot of ppl closing higher! It just shows how strong the underlying sentiment can be. Good call on watching those pivots, they can be super useful for finding entry/exit points for sure!