@jessica2003 on XAUUSD | PriceONN Community

Update on my XAUUSD idea: The RSI at 52.1 indicates there's still ample room for price appreciation before entering overbought territory, which supports the bullish bias for short-term trades. If my initial long entry around 5194 confirms, my primary TP would be R1 at 5198.25, but I'd monitor volume closely on the H1 chart for potential extension to R2 at 5203.47. Conversely, if price fails to hold the 20-day SMA and breaks below 5185, I'd reconsider the long scalp and potentially look for short opportunities targeting the Bollinger band lower at 5159.5. Risk management remains paramount, so adjusting SL based on real-time price action is key.