@MichaelS33 on XAUUSD | PriceONN Community

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M
Gold's been pretty volatile lately. One thing I've learned is to not get too attached to any particular direction. Always keep an eye on the RSI to confirm your bias, especially on the H4 chart. Seems to be a good indicator of overbought/oversold conditions for XAUUSD.
XAUUSD

Replies (1)

M
MichaelS33 PRO newbie Mar 5
Update: Also, don't forget to look at the D1 chart for the bigger picture. Sometimes, those short-term RSI signals can be misleading if you're not aware of the overall trend. XAUUSD can fake you out pretty easily, tbh. Always good to have multiple confirmations before entering a trade.
EURUSD 1.16143 +0.16%
GBPUSD 1.34257 +0.08%
USDJPY 159.96950 -0.04%
XAUUSD 4,439.13 +0.11%
XAGUSD 72.61 -0.10%
BTCUSD 62,824 -3.36%
SP500 6,572.87 +0.74%
BRENT 98.25 -2.66%
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