@mcooper263 on XAUUSD | PriceONN Community
M
Has anyone else been watching SOLUSD lately? It's been quite the rollercoaster! I'm trying to decide whether to jump in or wait for a better entry point. I'm thinking of using a combination of RSI and Fibonacci retracements to find a good spot. What are your thoughts on the overall trend? Is it likely to continue its upward momentum, or are we due for a correction? I'm aiming for a medium-term hold, so I'm not too worried about short-term volatility, but I still want to make a reasonably informed decision. Any insights would be greatly appreciated!
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M
Update: I'm thinking about waiting for a confirmation candle above 3890 before entering a long position on XAUUSD. Better safe than sorry!
H
@mcooper263 Mate, you're talking about SOLUSD. This is a thread about XAUUSD (gold). Maybe you're on the wrong forum?
@mcooper263 Mia, you seem to be talking about SOLUSD when this thread is about XAUUSD (gold). But generally RSI and Fib levels are a solid choice for entry points.