@adaugo2154 on XAUUSD | PriceONN Community
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XAUUSD is looking quite interesting for a quick scalp right now. Price is right around 5182, super close to the R1 pivot at 5196 and the upper Bollinger band around 5193. RSI is sitting at 56.6, so it's neutral, not overbought yet. I'm thinking if it rejects R1, we could see a move back to the 50 SMA at 5170. Or if it breaks R1 with good momentum, maybe a push towards R2 at 5215. What are your thoughts on this setup?