@omolara9954 on XAUUSD | PriceONN Community

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omolara9954
Good morning everyone. I'm seeing a potential buying opportunity on XAUUSD. Price just bounced off the 20 SMA on the H4 chart. Looking for a move towards the 5015 level, which aligns with the pivot point R1. SL around 4980 should be safe enough. What do you guys think?
XAUUSD

Replies (1)

omolara9954
omolara9954 PRO newbie Feb 19
Update: Just entered the long position at 4995. I'm keeping an eye on the RSI though. If it gets overbought quickly, I might take partial profits. Also, news coming out later could affect the move so I'll be careful. Will keep you all posted on how it goes.
EURUSD 1.16119 +0.14%
GBPUSD 1.34270 +0.09%
USDJPY 160.01350 -0.01%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,264 -2.69%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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