@matthew94 on XAUUSD | PriceONN Community

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M
matthew94 PRO newbie
XAUUSD Feb 19
Assessing XAUUSD, the current price action suggests a potential continuation of the bullish trend. The 200-day SMA at 4998.41 is acting as a key level. A decisive break above the R1 pivot at 4992.5 would likely open the door for further upside. Monitoring RSI for confirmation of momentum.
XAUUSD

Replies (1)

M
matthew94 PRO newbie Feb 19
Update: Considering a long position near the R1 pivot (4992.5) with a tight stop-loss just below the 20 SMA (4993.49). Targeting the R2 pivot around 4997.29 for a short-term profit. Risk management is crucial in this volatile environment. Will update if entry conditions are met.
EURUSD 1.16277 -0.03%
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XAUUSD 4,483.19 -0.10%
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