@akhan917 on XAUUSD | PriceONN Community

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akhan917 PRO newbie
XAUUSD Feb 25
This XAUUSD action is keeping me on my toes! Price is pushing near the upper Bollinger band at 5208.38, which could suggest some resistance coming up. However, the overall sentiment still feels quite strong. I'm watching for a clear break above 5195.98 (R2) for a stronger conviction long, or a pullback to the 5175 area (SMA20) for a safer entry. So much potential here!
XAUUSD

Replies (1)

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moonrise473 PRO newbie Mar 1
@akhan917 I'm with you on watching that upper Bollinger Band. I think if we can break and hold above 5275 (R2), then we're clear for another leg up. But the overbought RSI is concerning me a bit. Might wait for a slight pullback before considering a long position. Good shout on the 5195 break too.
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