@fatimabutt91 on XAUUSD | PriceONN Community
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XAUUSD continues to demonstrate strong bullish momentum, consolidating above the 20 and 50-period SMAs on the H4 timeframe. The current price action around 5206.97 is testing the upper Bollinger Band, suggesting potential for either a breakout or a temporary consolidation before further ascent. RSI at 61 supports this upward bias, indicating strength without extreme overextension yet.