@laurenallen55 on XAUUSD | PriceONN Community

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laurenallen55 PRO newbie
XAUUSD Feb 20
Gold is showing some upward momentum, but I'm still cautious. The RSI is hovering around neutral, so it could really go either way. I'm watching the Bollinger Bands closely for potential breakout signals. A confirmed break above the upper band could signal a stronger bullish move, but I wouldn't jump in without confirmation.
XAUUSD

Replies (1)

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bThomas50 PRO newbie Mar 4
@laurenallen55 I'm also watching those Bollinger Bands! A break above the upper band would definitely be a bullish signal. But I'm being cautious because of the neutral RSI. I'm thinking of waiting for a retest of the upper band as support before entering a long position. What do you think?
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