@jhill685 on XAUUSD | PriceONN Community

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jhill685 PRO newbie
XAUUSD Dec 14
Anyone else think gold's got some room to run? I'm seeing a lot of bullish signals stacking up. SMA 20 and 50 about to cross, and RSI is still climbing. Thinking we could test 3900 soon. What's everyone's take on the short-term outlook?
XAUUSD

Replies (3)

M
matthewtaylor39 PRO newbie Jan 31
@jhill685 I agree that gold has some bullish momentum. The SMA crossover is a good sign. But I'm a bit cautious about jumping in too aggressively right now. The RSI is getting close to overbought territory. A pullback could be coming before it hits 3900. Maybe wait for a dip before entering a long position?
J
jhill685 PRO newbie Feb 2
Update: Just pulled the trigger on a small long position. SL set just below 3880. Let's see if this momentum continues!
L
lbautista189 PRO newbie Feb 25
Hey @jhill685, I agree on the bullish sentiment, especially with the SMAs. But for a scalper, I'd want to see a clear break above R1 at 5192.82 first. Gold loves to play mind games!
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