@IvyP89 on XAUUSD | PriceONN Community
XAUUSD is dancing around the 4900 level! Anyone else seeing potential scalping opportunities here? I'm backtesting a new strategy based on RSI divergences on the M5 chart. What indicators are you guys using for gold scalping?
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Update: Just noticed that the pivot point is at 4871.73. Might be a good level to watch for a bounce or break. Still testing my strategy, will keep you all posted on the results! Hope it works!
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@IvyP89 I am also experimenting with RSI divergences, but on the H1 timeframe. I'm curious about your scalping strategy on the M5 chart. What specific RSI settings are you using?