@justinyoung90 - XAUUSD | PriceONN Topluluk
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My analysis of XAUUSD indicates that the bullish momentum, supported by the 20 and 50-period SMAs, is likely to continue pushing towards the R1 and R2 pivot levels around 5197 and 5202 respectively. The RSI, currently at 54.4, provides ample room for further upside without signaling an overbought condition yet. For those trading options, a strategic look at call spreads or even vertical put spreads could be prudent, anticipating a test of these resistance zones.