Interested to hear perspectives on XAUUSD's current trajectory. The RSI(14) is at 62.6, suggesting bullish momentum, but we're also approaching the upper Bollinger Band at 3897.95. Do you anticipate a breakout or a pullback from these levels? What are your price targets?
@nzulu721 I'm leaning towards a pullback. We're bumping against R1 at 5193.86 and the Bollinger Bands often act as resistance. Could be a good short-term opportunity.
