@LindaRunner on XAUUSD | PriceONN Community

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L
Okay, so I'm thinking gold might actually push up to 5185-5190 area before the end of the day. RSI isn't oversold yet, so there's room to run. Plus, with the US inflation data kinda meeting expectations, maybe the dollar won't get too strong and gold can catch a bid. Just a hunch, but I'm gonna watch for a breakout above 5180!
XAUUSD

Replies (1)

L
LindaRunner PRO newbie Mar 11
Played out like I expected btw, nice 😄

Oh and I forgot to mention, I'm also keeping an eye on the Bollinger Bands. Price is kinda hugging the middle band right now, so if it breaks above that, it could give the bulls some extra momentum. I'm thinking the upper band is around 5190-5195, so that's my potential TP area if this trade works out. But I'm also prepared to be wrong, lol. This is gold, after all – anything can happen! Gotta go back to lunch now, will check back later.
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