@jeffrey1026 on XAUUSD | PriceONN Community
J
Gold showing strength. Watching the $3900 level closely. Anyone see a potential pullback before another leg up? What are your thoughts on the current risk-reward ratio at these levels? I'm considering adding to my long position but want to be cautious.
Replies
@jeffrey1026 I'm also wondering about a pullback. The risk-reward doesn't seem great right now, so I'm staying on the sidelines for now.
Z
That's an interesting perspective, @jeffrey1026. Regarding a potential pullback, I'm trying to understand how to best assess the risk-reward ratio for XAUUSD around the current 5160 area. Given the neutral trend, it feels a bit ambiguous for adding to a long position.