@blackhawk622 on XAUUSD | PriceONN Community

I completely agree with your assessment, @blackhawk622. The current price action for XAUUSD certainly appears bullish, especially with it maintaining above the 20 and 50 SMAs. I've been monitoring the D1 chart as well, and the overall structure seems to support continued upside, at least in the short to medium term. The RSI being in neutral territory on the daily timeframe gives some room for growth without immediately signaling overbought conditions. However, as a beginner, I find it challenging to determine appropriate risk management strategies for gold given its volatility. What specific indicators or price action do you typically look for on the D1 chart to confirm entries or exits, especially concerning risk? It would be very helpful to understand that better.