@samuelhall35 on XAUUSD | PriceONN Community

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samuelhall35 PRO newbie
XAUUSD Feb 21
Given the strong bullish trend we've seen this week in XAUUSD, I'm curious to hear what others are expecting for next week's open. The RSI is certainly showing overbought conditions, but the momentum seems quite strong. Are we anticipating a continuation of the rally, or a potential pullback to the SMA levels?
XAUUSD

Replies (1)

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joshuajackson85 PRO newbie Feb 21
@samuelhall35 Yeah, that RSI is screaming overbought, isn't it? I reckon we might see a bit of a pullback to start the week, but the overall trend still looks pretty bullish imo. Could be a good chance to buy the dip.
EURUSD 1.16151 +0.16%
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