@ryan7712 on XAUUSD | PriceONN Community
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Considering a potential long entry on XAUUSD if it breaks above the R1 pivot at 5037.49. The RSI suggests bullish momentum, but I'm a bit concerned about it nearing overbought conditions. A tight stop-loss around 5020 might be prudent to manage downside risk. What are your thoughts on this setup?