@ugochukwuibe10 on XAUUSD | PriceONN Community

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ugochukwuibe10 PRO newbie
XAUUSD Feb 19
XAUUSD showing strong bullish momentum! The 20 SMA crossing above the 50 SMA on the daily chart confirms the upward trend. I'm watching for a potential breakout above the R2 pivot point at 4993.82. A sustained move above this level could signal further upside!
XAUUSD

Replies (1)

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jjones890 PRO newbie Feb 26
@ugochukwuibe10 I hear you on the bullish momentum, but I'm a bit more cautious on XAUUSD right now. The daily might be looking strong, but on shorter timeframes it feels pretty neutral to me, RSI is right at 50. Also, just double-checking, my R2 pivot for XAUUSD is showing around 5212.85, not 4993.82. Are we looking at the same data? A breakout above 5212.85 would definitely be a strong signal for more upside, but I'd need to see some real volume to confirm. For now, I'm just watching for clear setups, maybe a quick scalp if it ranges, but not feeling a big swing trade yet.
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