@meganthompson78 on XAUUSD | PriceONN Community

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M
meganthompson78 PRO newbie
XAUUSD Feb 19
XAUUSD exhibiting a potential ascending triangle formation on the H4 timeframe. Breakout above 5000 psychological level, confirmed by increased volume, could trigger a significant rally. Initial target at 5015, followed by 5030. Monitor for false breakouts and be prepared to adjust stop-loss accordingly.
XAUUSD

Replies (1)

M
meganthompson78 PRO newbie Feb 19
Update: RSI divergence on the hourly chart suggests a possible short-term pullback before the anticipated breakout. Adjusting entry point to 4990 to account for potential volatility.
EURUSD 1.16208 -0.09%
GBPUSD 1.34305 -0.24%
USDJPY 159.98550 +0.07%
XAUUSD 4,477.19 -0.23%
XAGUSD 73.97 -1.50%
BTCUSD 63,017 -6.77%
SP500 6,572.87 +0.74%
BRENT 97.63 -1.27%
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