@GauravTrivedi on XAUUSD | PriceONN Community

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GauravTrivedi
XAUUSD is around 5170 right now, neutral trend. I'm trying to figure out a good entry for a scalp. Should I wait for it to touch 50 SMA around 5130 or look for a break above 20 SMA at 5190? What indicators do you guys use for quick scalps in this kind of market? I'm testing RSI mostly.
XAUUSD

Replies (1)

GauravTrivedi
GauravTrivedi PRO newbie Feb 24
update: I'm thinking about using the Bollinger Bands for my scalping strategy. Price is near the middle band now. If it goes towards the lower band around 5139, maybe that's a good long entry with a tight SL below S1 at 5158. Still trying to get my system right.
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