@jcruz31 on XAUUSD | PriceONN Community

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J
jcruz31 PRO newbie
XAUUSD Mar 20
Gold is looking pretty oversold right now on the RSI, sitting at 29.3. The price action took a serious hit yesterday, breaking below the 50 and 200 SMAs. I'm thinking this might be a good spot for a bounce, especially if we see any stabilization in the markets after all this noise. Targeting the previous pivot point around 4576 for a short-term scalp.
XAUUSD

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