@shalini169 on XAUUSD | PriceONN Community

Taking a closer look at XAUUSD, the daily chart is painting an interesting picture. We've seen a significant jump, pushing the price near R1 at 4971.21. However, the RSI at 57 isn't screaming overbought, suggesting there's room for further upside. A decisive break above R2 at 4981.14 could open the door to testing the psychological level of 5000. Conversely, failure to hold above the pivot point at 4965.96 might signal a retracement towards S1 at 4956.03. I'll be monitoring price action closely around these key levels before making any hasty decisions. Always remember to trade responsibly and don't over leverage your positions.