@sophie7891 on XAUUSD | PriceONN Community

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S
Finally managed to move my stop to breakeven on this XAUUSD long from earlier. Price is pushing up a bit now, but still seeing some resistance around that R1 pivot at 4633. Will be watching carefully overnight to see if it can break through.
XAUUSD

Replies (1)

S
sophie7891 PRO newbie Apr 30
That breakeven stop was a good move. Price actually pushed above R1 briefly but has pulled back slightly. The 200 SMA is still quite a bit higher around 4696, so there's room to run if momentum builds. However, the RSI is getting into overbought territory on the H1, which could signal a short-term pullback. I'm not adding to this position until I see a clear break above 4640 and sustained momentum, especially with the market being so quiet in Asia. If it reverses hard, my stop is there to protect me.
EURUSD 1.16101 -0.02%
GBPUSD 1.35109 -0.02%
USDJPY 156.08450 -0.10%
XAUUSD 4,404.89 -0.58%
XAGUSD 65.87 -0.45%
BTCUSD 79,844 -0.07%
SP500 6,572.87 +0.74%
BRENT 95.31 +1.11%
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