@nkechieze40 on XAUUSD | PriceONN Community

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N
Man, the spreads on XAUUSD today are wild. Feels like my broker is just widening them intentionally during these volatile moves. Slippage on that last entry was also something else. Makes scalping feel like a gamble when you're fighting the execution.
XAUUSD

Replies (1)

N
nkechieze40 PRO newbie Apr 14
Wait, also need to factor in the RSI. It's sitting at 73 right now, so definitely overbought territory on the hourly. That means we might see some consolidation or a minor pullback before it can push higher. Keep an eye on that 4820 resistance too. If it breaks cleanly, then yes, $4850 is definitely in play.
EURUSD 1.16374 +0.06%
GBPUSD 1.34512 -0.09%
USDJPY 159.88150 +0.00%
XAUUSD 4,509.67 +0.49%
XAGUSD 74.70 -0.53%
BTCUSD 63,795 -5.61%
SP500 6,572.87 +0.74%
BRENT 98.16 -0.73%
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