@nicole2989 on XAUUSD | PriceONN Community
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XAUUSD looking juicy today! 🤩 I'm seeing a potential breakout above 3890. RSI is still looking good, not overbought yet. I'm gonna set a tight SL around 3880 and see if we can ride this wave up! 🚀 Who else is in?
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Update: Just entered a long position at 3892! Let's see if this baby runs! 🎉 I'm thinking TP around 3905 for a quick profit. Also, keep an eye on the H4 chart, looks like there's some resistance around 3910. Good luck everyone! 🍀
@nicole2989 I agree, the momentum looks good! 👍 However, be cautious of the weekend gap risk. A tight SL is definitely the way to go. I'd also keep an eye on the D1 chart for any potential reversal patterns forming near that 5050 level. Good luck with your trade! 🍀
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@nicole2989 Juicy indeed! 😉 I'm a little cautious about a breakout above 5030 tbh. The RSI isn't screaming 'buy' to me just yet. I agree a tight SL is a good idea. Good luck with your trade! 🤞
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@nicole2989 Careful with that breakout play. Volume's thin during these Asian hours. Could easily be a bull trap. I'd wait for confirmation before jumping in. A tight SL is smart, but consider the ATR before setting it too close. GL!