@harry3722 on XAUUSD | PriceONN Community
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Given the current bearish momentum and that RSI is deep in oversold territory around 24, I'm looking to scale into a long position as we approach the S2 pivot at 4876. My initial entry will be small, and I'll add more if price action confirms a bottoming formation, perhaps with bullish divergence on the M5 or M15. Stop loss will be tight below the recent low.