@aiyer341 on XAUUSD | PriceONN Community
A
I am exploring scalping strategies for XAUUSD. Considering the RSI is currently at 63.4, indicating bullish momentum, what are your thoughts on using a 5-minute chart with a stochastic oscillator to identify short-term overbought conditions for potential short entries? I'm aiming for quick profits, targeting 5-10 pips per trade. Any insights or alternative approaches would be appreciated.