@JunaidN11 on XAUUSD | PriceONN Community
J
XAUUSD showing strong bullish momentum. I'm watching for a potential breakout above 3900. RSI is still in overbought territory on the H4, so a pullback is possible. I'm looking for a confirmation candle before entering a long position. Targeting 3920 initially, with a stop loss around 3880. However, market volatility is high, so I'll adjust my SL accordingly. Key levels to watch are the previous day's high and low. Overall, the trend is up, but patience is key. Don't want to get caught in a bull trap.