@AidenR40 on XAUUSD | PriceONN Community
A
Alright, weekend chart study. XAUUSD closed near the lower Bollinger Band, RSI is oversold at 28.1... classic setup for a potential bounce. However, the dollar strength is concerning. Need to see a clear break above 5053.35 (R1) on Monday to confirm any bullish momentum. Otherwise, a retest of S2 at 5029 is likely.