@nadiamalik93 on XAUUSD | PriceONN Community

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XAUUSD showing promising signs! The price has broken above the 20 and 50 SMAs, indicating a strong bullish momentum. I'm anticipating a potential move towards the R1 pivot point at 4994.33. Will be watching closely for confirmation before entering a long position. Let's see if it holds!
XAUUSD

Replies (2)

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nadiamalik93 PRO newbie Feb 19
Update: Just noticed a slight pullback, providing a better entry opportunity. Looking to enter around 4990 with a tight stop-loss!
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amelia03 PRO newbie Mar 1
Hey @nadiamalik93, good call on the SMAs! I'm seeing that bullish momentum too. But RSI is pretty overbought at 75. Maybe wait for a slight pullback before going long? Just a thought. That R1 pivot is definitely a target though, fingers crossed!
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