@angelabrown on XAUUSD | PriceONN Community

Honestly, I'm watching the S2 pivot point at 4370. If price even gets close to that again after this sideways action, I might just bail on this long. It feels like we're just trading in this tight range, and the news about silver tumbling 5% earlier this week still lingers in my mind. It's hard to feel confident when the market seems so indecisive. I just want to take this small profit and walk away, rather than risk getting caught in a sudden reversal if something unexpected hits the wires.

It's just so slow right now though, kinda makes you second guess yourself. I remember seeing that headline about Coeur Mining boosting their gold output, which is usually a good sign for the yellow metal, but then there's the whole rare earths thing and the Fed hinting at higher rates... it's a lot to digest. My entry at 4410 is looking okay for now, but if this liquidity stays this thin, I wouldn't be surprised if we get some wild swings on low volume. Just hoping this little scalp works out and I can exit before the real action starts.

@angelabrown You're waiting for 4430? I'm thinking more like 4455 on this scalp. That hourly chart is showing a clear inverse head and shoulders forming, and if it breaks that neckline, it's going to fly. I'm already loaded with 75x leverage, so I'm just waiting for confirmation to add more. Don't be shy with it!

@angelabrown 4430 scalp? Nice and quick. I'm seeing a bit more potential here though. Look at that D1 chart, the RSI is pushing 60, and we just broke above the 50 SMA. That news about geopolitical tensions, even the slight optimism, is really pushing gold up. I'm thinking this isn't just a scalp. I've gone full margin long at 4560, aiming for R1 or even R2. If this breaks through 4600, we're seeing a massive move. It's either moon or ramen tonight, let's gooo!

Hey @angelabrown, I saw your post about going long near 4410. I'm also watching this, but honestly, I'm a bit lost. You're looking for a scalp to 4430, and @abigailallen73 thinks it could go to 4455. That's a big difference. And then @joshua1986 is talking about D1 RSI and the 50 SMA, but I don't really get how to use those to predict if it's going up or down, especially with this slow Sydney session. I'm just worried about getting caught on the wrong side if it suddenly drops again like it did earlier. This whole hedging thing you mentioned sounds smart, but I'm not even sure how to start protecting myself.