@ChideraN6 on XAUUSD | PriceONN Community

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Hey everyone! Super excited about XAUUSD right now. It's been consolidating for a bit, kinda stuck between the 20 and 50 SMA on the D1 which is interesting for position traders. RSI is super neutral too, just under 50. Anyone seeing any bullish or bearish divergence forming on higher timeframes? What are your thoughts on its next big move?
XAUUSD

Replies (1)

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ChideraN6 PRO newbie Feb 24
Update on my earlier post: I'm really watching the Bollinger Bands on XAUUSD here. That squeeze is getting tight around the 5173 upper band and 5114 lower band on D1. If we get a strong candle close above R1 at 5152 or below S1 at 5131, that could signal the next leg up or down. Volume will be key too!
EURUSD 1.16205 -0.09%
GBPUSD 1.34360 -0.20%
USDJPY 159.87250 +0.00%
XAUUSD 4,467.26 -0.46%
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