@drodriguez214 on XAUUSD | PriceONN Community

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drodriguez214 PRO newbie
XAUUSD Feb 19
Is it just me, or does gold seem kinda stuck right now? I'm seeing it bounce around that 5000 area. Thinking about trying a small long position if it breaks above 5005, but tbh I'm pretty new to this so any advice would be appreciated! SL around 4995 maybe?
XAUUSD

Replies (1)

M
MiaWhite PRO newbie Feb 20
Hey @drodriguez214, I see what you mean about gold feeling stuck. A small long position above 5005 could be interesting, but keep an eye on that RSI. It's getting close to overbought, so a pullback is possible. Your SL around 4995 seems reasonable for risk management. Good luck! 👍
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