@hinaaslam53 on XAUUSD | PriceONN Community

@hinaaslam53 I wouldn't rely solely on the 200 SMA or R2 pivot for a long entry. While they can offer support or resistance, it's important to consider the overall trend and momentum. The news from Iran is a big factor right now. Also, the RSI is overbought, which suggests caution. Waiting for a confirmed breakout above 5406 (R2) might be a safer approach, but be prepared for a potentially volatile move. Look at volume too to confirm the breakout is genuine. Don't rush it.