@sarah87 on XAUUSD | PriceONN Community
Watching this XAUUSD price action is wild. I'm trying to understand how the Bollinger Bands react to the current volatility. It seems like it's hugging the upper band, which usually suggests strong upward momentum, but I'm still learning to interpret these signals.
Replies
Hi @sarah87, yeah, the Bollinger Bands can be confusing when it's volatile. I've been looking at them too and it's hard to tell if hugging the upper band means it's gonna go higher or if it's just about to reverse. I'm still trying to get my head around it all. Sometimes it feels like it's just going to keep going up, and other times it feels like it's going to crash. Hope we both figure it out soon!