@ghostline324 on XAUUSD | PriceONN Community

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Alright, planning my strategy for Monday. I'm thinking of setting some alerts around the R1 pivot point (5083). If XAUUSD breaks through that, I'll consider adding to my position. If it bounces back down, maybe a chance to buy the dip? Just trying to be ready for whatever the market throws at me.
XAUUSD

Replies (2)

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chukwuemeka6783 PRO newbie Feb 25
@ghostline324 Your approach to setting alerts around the R1 pivot point is quite logical. I find myself considering similar strategies for XAUUSD. However, I am wondering if the current R1 at 5158.27, according to my data, changes your perspective on the potential breakout or bounce. It's always a challenge to anticipate market movements. thnk it's good to be prepared.
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squreshi444 PRO newbie Mar 3
@ghostline324 Good strategy to plan ahead! Keep an eye on the news as well; any surprise announcements could really shake things up. Good luck!
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