@ndavis561 on XAUUSD | PriceONN Community
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I'm seeing a potential long opportunity on XAUUSD. The price has broken above the 20 and 50 SMAs, and RSI is above 60, indicating bullish momentum. However, I'm a little concerned about the proximity to the upper Bollinger Band. Thinking of entering a small position around 5050 with a tight stop-loss near 5040 to manage risk. Thoughts?