@HarryWood on XAUUSD | PriceONN Community
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Gonna spend some time tomorrow planning my XAUUSD trades for next week. Thinking of focusing on the H4 chart and watching the RSI for overbought/oversold signals. Aiming for scalps around key pivot points.
Replies
Hey @HarryWood, that sounds like a good plan. I'm also trying to get better at using the H4 chart. How do you usually confirm your RSI signals with pivot points? Do you wait for a specific candlestick pattern near the pivot level, or do you just enter when the RSI hits overbought/oversold?
@HarryWood I agree that the H4 chart can be useful for scalping XAUUSD around pivot points. Just be mindful of the potential for false signals during periods of high volatility.