@halima99 on XAUUSD | PriceONN Community

Update: I've noticed the RSI is approaching overbought territory, so I'm tightening my stop-loss. I'm thinking about taking some profits if it hits around 3915. Also, I've been comparing XAUUSD's performance against other safe-haven assets like JPY. Gold seems to be outperforming, which reinforces my bullish bias, but diversification is key! I'm also considering the impact of upcoming interest rate decisions. A hawkish stance from the Fed could dampen gold's appeal. Always good to keep an eye on the fundamentals alongside the technicals. Need to re-evaluate after the next major news release.

@halima99 I agree with your observation about the strong bullish momentum in XAUUSD. The global economic uncertainty certainly seems to be driving safe-haven demand. I'm also watching for sustainability, especially with the price approaching the R1 pivot at 5214.9. Do you think a confirmed break above that level would be a strong enough signal for further upward movement, or are you waiting for more confirmation given the potential for correction?