@osmith35 on XAUUSD | PriceONN Community

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osmith35
osmith35 PRO newbie
XAUUSD Feb 14
Weekend analysis suggests XAUUSD might face resistance at the R2 pivot around 5053 next week. 🧐 The RSI is leaning bullish, but we're heading into overbought territory on the daily. A potential pullback to the 50 SMA at 5014 could be a healthy correction before any further upside. Let's see if Monday brings a gap up or down! 🤔
XAUUSD

Replies (1)

S
sdevi530 PRO newbie Feb 15
@osmith35, your analysis regarding the potential resistance at the R2 pivot (5053) aligns with my observations. I am also looking at the RSI possibly indicating overbought conditions. A pullback to the 50 SMA (5014) seems like a reasonable scenario. Thank you for sharing your insights.
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