@deepika7333 on XAUUSD | PriceONN Community

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deepika7333
deepika7333 PRO newbie
XAUUSD Feb 15
Next week, I'm expecting gold to test the R2 level around 5052.97. The bullish RSI supports this. However, I'm also a bit cautious because of the overall market uncertainty. A lot depends on whether the price can sustain above the 50 SMA. If it fails to hold above, we might see a pullback towards the pivot point. I'll be watching the price action closely around the R1 and pivot levels for potential entry points. I will also keep an eye on any news events that could impact gold prices. Keeping my positions small, as always!
XAUUSD

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