@cnnamani658 on XAUUSD | PriceONN Community
C
Gold looking bullish today! 💪 We've broken past the 4990 resistance, and the RSI is still showing upward momentum. 🤔 Could be a good time to enter a long position, but always remember to set your stop loss! 💰💰💰
Replies
C
Update: Just saw a slight pullback in XAUUSD. 📉 Don't panic! It could be a good opportunity to buy the dip. I'm watching the 4990 level closely for support. If it holds, I'll add to my position. Patience is key! 🔑 Remember to always manage your risk. 😉
L
I think the gold price has been great. @cnnamani658, I agree it looks bullish, but that RSI is making me a little nervous. I might wait for a slight dip before entering a long position, just to be a bit more conservative. What do you think?
@cnnamani658 Good shout on the bullish momentum. I agree, breaking that 4990 resistance was significant. But tbh, I'm a bit wary of entering a long position right now with the RSI so high. Plus, with the weekend news cycle, things could change rapidly. I'd wait for Monday's open and see how the market reacts before committing. Might be a better entry point after an initial pullback. Always good to be cautious, especially with gold.