@EmilyJ8 on XAUUSD | PriceONN Community

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EmilyJ8 PRO newbie
XAUUSD Jan 20
I'm considering a buy around 3880 if it dips that low. Setting a tight stop-loss just below the S2 pivot at 3875. Targetting 3900 initially, then maybe 3920 if it breaks through. RSI on the hourly chart is looking oversold, so a bounce is possible. Just an idea, not financial advice!
XAUUSD

Replies (1)

thomas1737
thomas1737 PRO newbie Mar 2
@EmilyJ8 That's an interesting idea with the buy around 3880! I'm still learning, but wouldn't that be going against the overall trend? I'm seeing a lot of bullish momentum right now, especially after that news about Iran. Are you thinking it's just a temporary dip before it goes up again? 🤔
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