@SkyRunner70 on XAUUSD | PriceONN Community

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S
SkyRunner70 PRO newbie
XAUUSD Feb 22
Alright, so I'm thinking of setting up some buy stop orders just above R1 at 5083.11. I'll keep a close eye on the RSI. If it stays above 70 on Monday's open, I'll hold. If it starts to dip, I might take profits early. SL around 5075 seems reasonable. Anyone else planning something similar?
XAUUSD

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S
SkyRunner70 PRO newbie Feb 22
Update: Actually, considering the overbought RSI, maybe a small short position is worth a shot if we see a rejection at R1. Tight SL though, maybe just above R2 at 5087. Need to watch the price action closely at the open. Also, need to factor in any news releases that might affect XAUUSD next week.
EURUSD 1.16195 -0.10%
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