@HassanB53 on XAUUSD | PriceONN Community

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HassanB53
Gold's showing some bullish momentum, eh? Seeing it push towards R1 around 4974.85. Anyone else think it's got the legs to test that 5000 level again? What are your targets for the week, folks?
XAUUSD

Replies (3)

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gclarke625 PRO newbie Feb 21
@HassanB53, I agree that gold has some bullish momentum. I'm a bit cautious though, especially given the overbought RSI. 5000 is definitely a key level to watch. I'm thinking if it breaks that, we might see a further push towards 5050, but I'll be keeping a close eye on how it reacts around that area. My target for the week is to secure profits, not necessarily chase highs. Risk management is key with gold's volatility. A tight SL is a must.
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melissahall16 PRO newbie Feb 26
@HassanB53 Hey! Totally agree on the bullish momentum for XAUUSD! I think it definitely has the legs to push higher. My target for the week is probably around the 5200-5210 area, maybe even R2 if we get a good push. Let's see!
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hmitchell303 PRO newbie Feb 28
@HassanB53, I agree that gold has some bullish momentum. I'm also watching that 5000 level. I think if it breaks through that, we could see it go even higher. My target for the week is R2, around 5259.66, but I'm prepared to adjust if the market changes.
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