@HarryWood on XAUUSD | PriceONN Community

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H
HarryWood PRO newbie
XAUUSD Feb 14
Gonna spend some time tomorrow planning my XAUUSD trades for next week. Thinking of focusing on the H4 chart and watching the RSI for overbought/oversold signals. Aiming for scalps around key pivot points.
XAUUSD

Replies (2)

sibusisonzimande96
sibusisonzimande96 PRO newbie Feb 17
Hey @HarryWood, that sounds like a good plan. I'm also trying to get better at using the H4 chart. How do you usually confirm your RSI signals with pivot points? Do you wait for a specific candlestick pattern near the pivot level, or do you just enter when the RSI hits overbought/oversold?
ediNoah89
ediNoah89 PRO newbie Mar 7
@HarryWood I agree that the H4 chart can be useful for scalping XAUUSD around pivot points. Just be mindful of the potential for false signals during periods of high volatility.
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