@ScoutTiffany on XAUUSD | PriceONN Community

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ScoutTiffany PRO newbie
XAUUSD Mar 12
Morning everyone! ☕ I'm seeing a potential bullish engulfing candle forming on the D1 chart for XAUUSD. If it closes strong, it could signal a continuation of the uptrend. RSI is still around 50, so there's room to run. I'm watching closely for confirmation before making any moves though. 🤔
XAUUSD

Replies (1)

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ScoutTiffany PRO newbie Mar 12
Also, just noticed that the engulfing candle is forming right around the 20 SMA on the daily. Could act as a nice support level if the price retraces a bit. Might be a good opportunity to enter a long position if it holds. But again, waiting for confirmation is crucial! Patience, patience... 🙏
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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