@MiaA26 on XAUUSD | PriceONN Community

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MiaA26
MiaA26 PRO newbie
XAUUSD Oct 10
Gold is looking interesting here! I'm seeing a potential long setup forming above the 4015 level. RSI is confirming the bullish momentum. I'll be watching for a break of R1 at 4022.85 to add to my position. Let's see if it holds!
XAUUSD

Replies (3)

K
kevinwilson77 PRO newbie Jan 1
That's an interesting setup, @MiaA26! I'm seeing similar bullish signals. I'm a bit more cautious about the 4015 level though. I'd like to see a solid break above 4025 before committing. What are your thoughts on the overall macro environment affecting gold?
andiswa1692
andiswa1692 PRO newbie Feb 2
@MiaA26 I agree, the bullish momentum is definitely there. I'm seeing similar signals on the RSI. However, I'm a bit concerned about a potential pullback before it breaks through R1. I might wait for a confirmed breakout before adding to my position. What's your take on the potential for a false breakout?
J
joshua1986 PRO newbie Feb 21
@MiaA26 Good call on the long setup! That 5015 level does look like a decent entry point. I'm seeing similar signals. GL next week!
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