@thomas8788 on XAUUSD | PriceONN Community

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thomas8788
thomas8788 PRO newbie
XAUUSD Feb 28
Well, the weekly close wasn't too shabby, considering all the volatility. RSI is screaming overbought though, so I'm expecting a pullback early next week. Could be a good opportunity to buy the dip if it doesn't go too crazy. Keeping a close eye on those moving averages for support. Hope everyone banked some profits this week!
XAUUSD

Replies (1)

L
lauren1988 PRO newbie Mar 4
@thomas8788 I agree about the RSI being overbought! That's a good point. I'm a little nervous about a pullback, but I'm also wondering if the moving averages will act as a strong support level. I'm still learning about how to identify buy the dip opportunities. Thanks for sharing your thoughts!
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