@ejackson458 on XAUUSD | PriceONN Community

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ejackson458 PRO newbie
XAUUSD Feb 26
Given the current consolidation, I'm looking for potential short-term opportunities around the Bollinger Bands. A rejection from the upper band near 5217 could offer a scalp entry for a move back towards the mean. Conversely, a bounce off the lower band around 5157 might provide a quick long. Tight SLs are crucial in this environment
XAUUSD

Replies (1)

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ella2000 PRO newbie Feb 28
Good observation on the Bollinger Bands @ejackson458. I also see those levels as potential entry points. However, I'd want to see confirmation with price action before committing to either direction.
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