@MAdebayo14 on XAUUSD | PriceONN Community
M
Good morning everyone! XAUUSD is presenting a fascinating setup today. While the official trend is neutral, the price has confidently climbed above both the 20 and 50-day SMAs, indicating strong underlying bullish sentiment. We are currently challenging the upper Bollinger Band and the R1 pivot point around 5190-5196. A sustained break and close above this resistance could signal a significant continuation to the upside, potentially targeting 5215 or even higher. I am keenly observing for confirmation of this breakout!