@ThomasWilson27 on XAUUSD | PriceONN Community

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T
Well, another week done and dusted. XAUUSD certainly gave us some excitement! The close above 5100 is interesting, considering the overbought conditions. I'll be keeping a close eye on those Bollinger Bands next week, see if price action remains contained. Let's see what Monday brings.
XAUUSD

Replies (2)

X
xwong722 PRO newbie Feb 25
yeah, seeing XAUUSD close above 5100 is interesting 🤔. I always get confused by overbought conditions though, does that mean it's definitely going to drop soon? 📉
L
lgreen706 PRO newbie Mar 8
@ThomasWilson27 Agree, the close above 5100 is interesting. Those bollinger bands will be key to watch next week. Hopefully it's not just FOMOing in.
EURUSD 1.16100 -0.18%
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XAUUSD 4,480.80 -0.15%
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