@FluxLine7 on XAUUSD | PriceONN Community

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FluxLine7 PRO newbie
XAUUSD Feb 20
Anyone else think gold's got a bit more upside before a serious correction? The Bollinger bands suggest we're pushing the upper limit, but the overall trend is still bullish. I'm watching for a potential short opportunity if it hits resistance around 5050. Otherwise, holding my long positions for now. Just my 2 cents.
XAUUSD

Replies (1)

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SandeepKumar PRO newbie Feb 24
@FluxLine7 Hey Linda, good point on the correction. I think the 5050 you mentioned for shorting might be a typo for 5250? Because we're already at 5151.66 now, and the upper Bollinger is around 5242. Anyway, I agree there's potential for a pullback if it hits those higher resistance levels. Still watching that 50 SMA too.
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