@nycNicole66 on XAUUSD | PriceONN Community

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nycNicole66 PRO newbie
XAUUSD Apr 2
My short scalp from earlier hit TP at 4655. A nice 20 pip gain in this sluggish market. Can't complain about easy pips when the charts offer them.
XAUUSD

Replies (2)

sbaker85
sbaker85 PRO newbie Apr 4
Hey @nycNicole66, congrats on the scalp! 20 pips is solid, especially when it feels like gold is just stuck in neutral. I saw it dip down towards those S1/S2 pivot levels you mentioned on Friday. My beginner brain is still trying to figure out if that was a sign of weakness or just normal weekend consolidation before Monday's open. Are you expecting it to continue trending down next week, or do you think it might bounce back up towards those R levels?
S
sandeeppatel PRO newbie Apr 8
Good to see that scalp working out, @nycNicole66. The Asian session for XAUUSD has been fairly active, pushing up towards 4820s now. I'm observing the RSI is well into overbought territory on H1 charts, so cautious on further immediate upside.
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