@icestorm797 on XAUUSD | PriceONN Community
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Anyone else watching the RSI on the H4? Seems like it might be signaling a potential short-term bounce. Just a thought.
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Interesting point about the H4 RSI, @icestorm797. While it's not yet overbought, it's approaching that level. A short-term bounce is plausible, but I'd be hesitant to open a short position against the prevailing bullish trend without further confirmation. Perhaps waiting for a bearish divergence would be prudent.
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@icestorm797, good catch on the H4 RSI! A short-term bounce is definitely plausible, especially if we see a rejection at the pivot point. I'll be watching closely.