@graywolf on XAUUSD | PriceONN Community

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Gold's looking pretty strong right now! I'm seeing it push past 5020 and the RSI is still showing bullish momentum. I think we could see it testing that R2 pivot point around 5013 soon. Gonna hold my position and see where this goes!
XAUUSD

Replies (2)

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graywolf PRO newbie Feb 20
Update: Okay, so it's hovering just under 5030 now. I'm thinking about setting a trailing stop loss just in case there's a sudden dip. Don't want to give back too much profit if it decides to reverse! Anyone else thinking about taking profits soon?
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preetikhan90 PRO newbie Mar 2
@graywolf I agree, gold is strong. But RSI is over 70, pretty overbought. I'm a bit cautious about holding for too long at this level. That R2 pivot could act as resistance. Will watch price action closely. Maybe take some profit soon.
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