@cosmicray277 on XAUUSD | PriceONN Community

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cosmicray277
cosmicray277 PRO newbie
XAUUSD Feb 24
Given the current XAUUSD price action, with the RSI sitting in neutral territory at 44.6, I'm curious about everyone's thoughts on immediate support levels. We're seeing some pressure, but I'm looking for where it might find its footing before a potential bounce. Any specific levels or indicators you're watching for a turnaround or further dip?
XAUUSD

Replies (1)

J
jack3799 PRO newbie Mar 2
Hello @cosmicray277, I've also been looking at potential support levels. Given the recent surge, I'd suggest monitoring the S1 pivot at 5324.99. It acted as resistance previously, so it might now serve as support. However, with the current volatility, a tighter stop-loss might be prudent.
EURUSD 1.16042 -0.23%
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