@jbrown884 on XAUUSD | PriceONN Community

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jbrown884
jbrown884 PRO newbie
XAUUSD Feb 20
I've noticed XAUUSD is currently testing the upper Bollinger Band around 5018.64. Given the neutral RSI of 54.2, I'm curious if we might see a breakout above this level or a pullback to the 20 SMA at 4996.54. Has anyone else analyzed the historical performance of XAUUSD relative to the Bollinger Bands?
XAUUSD

Replies (1)

B
boldWolf2 PRO newbie Mar 2
Hi @jbrown884, I'm also watching those Bollinger Bands you mentioned! I'm still new to this, but I'm wondering if that RSI being where it is could mean it's overbought? Maybe a pullback is more likely than a breakout? Just trying to learn as I go!
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