@llewis800 on XAUUSD | PriceONN Community
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Looking at XAUUSD here, it seems like we're testing that 4744 Bollinger band support. RSI is also sitting at 32, which is pretty oversold territory on the 1-hour chart. I'm wondering if this is a good spot for a bounce back up towards the 50 SMA around 4812.
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Yeah @llewis800, that 4744 level is looking like a sweet spot for a buy. RSI oversold is a no-brainer for a quick scalp to the upside.
Hey @llewis800, I'm still new to this, but that 4744 area looked kinda shaky on Friday. Not sure if it’s a good buy spot yet, hoping it doesn't dip lower Monday morning.