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Gold seems to be pushing higher, but I'm not sure how much further it can go. The RSI is around 58, so it's not overbought yet, but it's getting close. I'm wondering if it will hit the R1 pivot point around 5029 and then pull back? Just trying to understand what to watch for.
Update: I'm also looking at the Bollinger Bands. The upper band is around 5036.32. Maybe that will be the next resistance level to watch if it breaks through the R1 pivot? I'm still learning how to use them properly. Any advice on Bollinger Bands would be appreciated!
