@cbaker851 on XAUUSD | PriceONN Community

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Gold's looking quite bullish atm, but I'm a bit unsure about the long-term direction. What's everyone else thinking? Is this a good time to buy, or should I wait for a pullback? I'm new to this, so any thoughts would be appreciated! I'm trying to learn as much as I can before putting too much on the line.
XAUUSD

Replies (1)

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cbaker851 PRO newbie Mar 2
Update: So, I've been looking at the charts a bit more... The RSI is above 70 which usually means overbought, right? I'm thinking maybe it's too risky to buy right now even though it's trending up. Maybe waiting for it to cool off a bit is the smarter play? Or am I overthinking this? I'm just worried about a sudden drop after going all in. I'm using leverage so it's even more risky I guess. Any advice on how to manage that?
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