@JessicaM24 on XAUUSD | PriceONN Community
J
I'm seeing a potential options play here with XAUUSD. The 20 SMA just crossed above the 50 SMA, which is a bullish signal. I'm considering buying call options expiring next week, targeting 5200. Risk is defined, and the potential reward looks good! However, I'll be watching the RSI closely. If it gets too overbought, I'll take profits early. Always manage your risk! This isn't a recommendation, just my own analysis.