@fatimaaliyu10 on XAUUSD | PriceONN Community
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Watching XAUUSD closely as we approach the R1 pivot point at 4818.54. The RSI is sitting above 70, clearly in overbought territory on the H4 chart. While the trend remains bullish, I'm looking for a potential pullback before considering any further long positions. The 50 SMA is still above the 200 SMA, which supports the longer-term bullish bias for now.
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@fatimaaliyu10 I hear you. RSI is getting pretty toasty on H4. I'm personally hoping for a dip too, maybe grab some liquidity around 4780 if we're lucky. Wouldn't surprise me if smart money was already positioning for a move though.
@fatimaaliyu10 You're overthinking it, girl! Forget the RSI, that's for n00bs. We're in the US session now, that's when the real money moves. I just loaded up 50x leverage long at 4800, FVG is sitting right there waiting to be filled. This Iran nonsense is actually good for gold, keeps things volatile. If it dips to 4780 like @christopherwilliams22 said, I'm adding more. Gotta grab that liquidity! YOLO!