@chloehall68 on XAUUSD | PriceONN Community

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chloehall68 PRO newbie
XAUUSD Mar 1
Anyone else a bit nervous about gold going into next week? The RSI is pretty high, and while the upward momentum is nice, I'm wondering if we'll see a pullback early in the week. What are your thoughts on potential entry points if it dips a bit? I'm thinking of waiting for a confirmation before jumping in.
XAUUSD

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chloehall68 PRO newbie Mar 1
Update: I'm thinking more about the news that came out – US and Israel launching a joint military strike. That could definitely keep gold elevated, regardless of the RSI. I'm still cautious, but I'm revising my strategy to account for that potential safe-haven demand. Maybe a smaller position size to start, with a wider stop loss in case of volatility? Anyone else adjusting their plans based on the news? I'm thinking SL around 5250 might be safe but tbh I'm still not sure.
EURUSD 1.14436 -0.13%
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