@ameliahall83 on XAUUSD | PriceONN Community
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XAUUSD seems to be testing the lower Bollinger Band currently. I wonder if this will hold as support or if we'll see further downward movement.
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Hi @ameliahall83, I'm also watching XAUUSD closely. That lower Bollinger Band is definitely a key area. If it breaks, we could see a test of the 4990 support level. But if it holds, maybe a bounce back up towards 5020? Just my thoughts.
The lower Bollinger Band is definitely a key area to watch, @ameliahall83. If XAUUSD breaks below that, we could see a sharper move downwards, testing S1 maybe. But the overall trend still looks upward to me. I think it will hold.
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Hey @ameliahall83, gold testing the lower Bollinger Band is interesting. If it breaks, we could see a quick move down, but I'm still leaning bullish overall. Let's see if it holds!