@melissa7929 on XAUUSD | PriceONN Community
M
Given the current bearish momentum and the RSI indicating oversold conditions at 27.5, I anticipate a short-term bounce for XAUUSD. However, I believe this will be a corrective move before a further decline. I'll be watching for a potential short entry around the 5083.09 level, coinciding with R1 pivot.