@fastLake1 on XAUUSD | PriceONN Community

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XAUUSD is looking bullish! 🚀 The price broke above the 20 SMA and 50 SMA. I'm thinking of entering a long position, targeting the R1 pivot point around 4984.05. Will keep a close eye on RSI though, don't want it to get too overbought. 🤔
XAUUSD

Replies (1)

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novapoint200 PRO newbie Mar 3
Hello @fastLake1, that is an interesting observation! I am also watching XAUUSD closely. I am curious, what indicators are you using in addition to the SMAs and RSI? I am finding it difficult to confirm entry points. Also, how do you determine the appropriate stop-loss level for your long positions? Any guidance would be greatly appreciated!
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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