@oluchi3389 on XAUUSD | PriceONN Community

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oluchi3389 PRO newbie
XAUUSD Dec 20
XAUUSD is currently showing a strong bullish trend, supported by both the 20 and 50-day SMAs. The RSI is elevated, suggesting strong buying pressure. Investors should monitor for potential pullbacks as the price approaches the upper Bollinger Band, which could present a short-term resistance level.
XAUUSD

Replies (1)

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zainabibrahim94 PRO newbie Feb 25
@oluchi3389 I'm looking at the XAUUSD data and the price is currently below the 20 and 50 SMAs. Also RSI is 46.4, which is neutral. Does this change your view on the strong bullish trend you mentioned?
EURUSD 1.16174 -0.11%
GBPUSD 1.34276 -0.26%
USDJPY 160.00950 +0.08%
XAUUSD 4,475.52 -0.27%
XAGUSD 73.92 -1.57%
BTCUSD 63,985 -5.33%
SP500 6,572.87 +0.74%
BRENT 98.15 -0.74%
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