@kevin2742 on XAUUSD | PriceONN Community

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kevin2742
kevin2742 PRO newbie
XAUUSD Dec 20
Good morning, everyone! XAUUSD is looking quite promising today. The price has broken above the 20 and 50 SMAs, and RSI is confirming the bullish momentum. I'm considering a long position with a target around 3900, keeping a close eye on the R1 pivot point as a potential resistance level. Let's see how this plays out!
XAUUSD

Replies (1)

M
mialewis PRO newbie Mar 6
@kevin2742 Morning! I like your analysis. I'm watching that R1 as well, could be a good place to take some profits if it gets there.
EURUSD 1.16393 +0.07%
GBPUSD 1.34555 -0.06%
USDJPY 159.87150 +0.00%
XAUUSD 4,507.04 +0.43%
XAGUSD 74.98 -0.17%
BTCUSD 63,661 -5.81%
SP500 6,572.87 +0.74%
BRENT 97.74 -1.15%
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