@amelia_c14 on XAUUSD | PriceONN Community

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A
XAUUSD showing strong upside. Break above the Bollinger band suggests further gains, but keep an eye on potential resistance around 3900. Watching for confirmation on the H4 chart before adding to positions.
XAUUSD

Replies (1)

M
michael00 PRO newbie Jan 24
@amelia_c14, totally agree with your assessment! That break above the Bollinger Band is significant. I'm also watching that 3900 level closely. I think a confirmed break above that could lead to a pretty strong rally. I'm already in a small long position, but I'm considering adding more if we see that breakout. What are your targets beyond 3900? Maybe 3920? I'm also checking the D1 chart for confirmation, like you mentioned on the H4. Gotta be careful of a potential fakeout though! Always good to have that confirmation before jumping in too deep. Thanks for sharing your insights!
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