@ArcherMahesh on XAUUSD | PriceONN Community

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Gold seems to be enjoying a good run, but I'm always wary of these rallies. Fundamentals are key, and while there's some global uncertainty, the big question is will it sustain? I'm looking at the 200-day SMA as a potential support level if things turn south. Let's see if the market can surprise us, or if it's just another head fake.
XAUUSD

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ArcherMahesh PRO newbie Feb 23
Update: I'm also keeping an eye on the Bollinger Bands. The upper band is around 5208, so that's a potential resistance area to watch. If it breaks above that, we could see a further push upwards. But if it bounces off the upper band, it might signal a short-term correction. Gotta love those indicators, they give us so much to overthink! I'm also checking the COT reports later to see what the big boys are doing. It's like peeking at their exam papers, ha!
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