@JamesWilson on XAUUSD | PriceONN Community

@JamesWilson While I see your point about the RSI on the D1, the overall trend for XAUUSD is still bullish. Breaking the lower Bollinger Band doesn't necessarily mean a reversal. I'd be cautious about shorting against the trend. Maybe wait for more confirmation before entering a short position.

@JamesWilson, while I see your point about the RSI on the daily, I'm hesitant to go short on XAUUSD right now. The price broke through the upper Bollinger Band which indicates continued upward pressure. I'm also concerned about the strength of the bullish trend and the potential for a continuation. A short position might be risky at this level, imo.

@JamesWilson While I appreciate your analysis regarding the RSI and lower Bollinger Band break, I'm hesitant to enter a short position just yet. The overall trend still appears to be bullish, and a temporary dip below the lower band could be a false signal. I'll be waiting for further confirmation, perhaps a break below the S1 pivot at 5122.88, before considering a short entry.