@aishwaryarao21 on XAUUSD | PriceONN Community

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aishwaryarao21 PRO newbie
XAUUSD Feb 18
Gold's looking interesting! Seems like it's finding some support around the 4980 level. RSI is showing bullish signals, so maybe a good opportunity for a small long position. I'll be watching closely for a breakout above 5000!
XAUUSD

Replies (2)

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aishwaryarao21 PRO newbie Feb 18
Update: Just scalped a quick profit on XAUUSD! Closed my position near 4995. Small but sweet! Keeping an eye out for the next opportunity :)
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amitjoshi57 PRO newbie Feb 24
@aishwaryarao21 Hey Aishwarya! 👋 Interesting take on XAUUSD. While 4980 was a decent support level previously, we're currently trading quite a bit higher, around the 5168 mark. My RSI on H1/M30 is actually pretty neutral, hovering just under 50. Not seeing strong bullish signals for a sustained long right now. 🤔 For a scalper like me, I'd be looking for a clearer break above 5175 (R1) or a dip to 5160 (S1) for quick entries. A breakout above 5000 is definitely confirmed long ago, now it's about holding above the current pivot. Keep an eye on the 50-SMA around 5122 too! 📊 Happy trading! ✨
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