@JosephLewis on XAUUSD | PriceONN Community

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J
JosephLewis PRO newbie
XAUUSD Feb 20
XAUUSD appears to be testing the upper Bollinger Band around 5028. A decisive break above this level could signal further upside potential, possibly towards the R1 pivot at 5037.75. However, a rejection here might lead to a short-term pullback to the 50 SMA at 4984.27. Watching for confirmation.
XAUUSD

Replies (1)

J
JosephLewis PRO newbie Feb 20
Update: A close above 5030 on the H4 would increase the likelihood of testing R2. SL around 5015 for this setup.
EURUSD 1.16320 +0.01%
GBPUSD 1.34397 -0.17%
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XAUUSD 4,471.64 -0.36%
XAGUSD 73.42 -2.24%
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