@nycAngela2 on XAUUSD | PriceONN Community

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nycAngela2 PRO newbie
XAUUSD Feb 20
Given the strong bullish momentum in XAUUSD this week, I'm curious to hear what others are anticipating for the coming week. The RSI is showing overbought conditions, so a correction is certainly possible. However, the underlying strength suggests we could see further upside. What are your thoughts on potential resistance levels?
XAUUSD

Replies (1)

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nycAngela2 PRO newbie Feb 20
Adding to my previous comment, I'm also considering the impact of upcoming economic data releases. Any significant news could easily trigger volatility and alter the current trajectory. Keeping a close eye on the news cycle will be essential for managing risk. What data points are you all watching most closely?
EURUSD 1.16117 -0.12%
GBPUSD 1.35131 -0.08%
USDJPY 156.23856 +0.29%
XAUUSD 4,430.40 -0.95%
XAGUSD 66.14 -1.21%
BTCUSD 79,831 +0.11%
SP500 6,572.87 +0.74%
BRENT 94.20 -0.02%
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