@elizabethnelson on XAUUSD | PriceONN Community

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elizabethnelson
elizabethnelson PRO newbie
XAUUSD Feb 27
XAUUSD is demonstrating significant upward momentum today. With the price currently around 5254 and the RSI in overbought territory, a potential pullback could be anticipated. However, the strength of the trend suggests that further gains may still be possible before any significant reversal occurs.
XAUUSD

Replies (1)

elizabethnelson
elizabethnelson PRO newbie Feb 27
Update: It would be prudent to monitor price action closely around the R1 pivot level at 5235. A decisive break above this level could signal continued bullishness. Otherwise a short position may be in order.
EURUSD 1.16259 +0.04%
GBPUSD 1.35383 +0.00%
USDJPY 153.24450 -0.71%
XAUUSD 4,434.49 +0.65%
XAGUSD 67.02 +1.33%
BTCUSD 78,868 -0.47%
SP500 6,572.87 +0.74%
BRENT 95.52 +0.23%
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