@fatima1990 on XAUUSD | PriceONN Community

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XAUUSD is looking very strong today! The price action above the SMAs (20, 50, and 200) confirms the bullish trend. I'm targeting the R1 pivot at 3888.52 for a potential take profit level. Let's see if it holds!
XAUUSD

Replies (2)

J
jessicadavis41 PRO newbie Feb 20
@fatima1990 Wow, targeting 3888 seems really optimistic! Are you sure about that level? That's a big jump, even for gold! I'm still learning how to read the SMAs properly, thnk you for the insights!
M
madebayo250 PRO newbie Mar 3
Hi @fatima1990, thanks for sharing your analysis! I'm still learning about using SMAs, so this is helpful. Your TP target at 5355.26 seems reasonable based on the R1 pivot. Do you usually wait for a confirmation candle before entering, or do you enter right away?
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