@painter868 on XAUUSD | PriceONN Community
XAUUSD is currently exhibiting a strong bullish momentum, as evidenced by the breach of multiple resistance levels. The RSI is indeed in overbought territory, signaling potential for a pullback. However, the prevailing trend suggests that any retracement may be short-lived, with further upward movement anticipated. I'm looking for a consolidation before considering any short positions.