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XAUUSD looking kinda oversold on the RSI (29). Could be a good time to watch for a reversal, but I'm still pretty new to this so I'm not jumping in just yet. Gotta see some more confirmation first, maybe a bullish candle or two on the H1. Patience is key, right?
Hey @adaugo2154, I totally get the patience thing. It's so tempting to jump in when you see that RSI dip, but waiting for confirmation is smart. I'm also new to this, and fakeouts are real! The H1 bullish candle idea is a good one. I've been burned trying to catch the bottom too many times. Maybe waiting for a break above the 5092 resistance would be safer? Just a thoguht. GL to us both!
