@radhadas on XAUUSD | PriceONN Community

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R
radhadas PRO newbie
XAUUSD Feb 23
Gold is looking pretty bullish on the daily chart. We're seeing a clear break above the 20 SMA, and the RSI is confirming the upward momentum. I'm watching for a potential retest of the recent highs around 5160. A successful breakout there could open the door for a move towards 5200 but i'm also keeping an eye on those pivot points as potential resistance areas.
XAUUSD

Replies (1)

R
radhadas PRO newbie Feb 23
update: just noticed the Bollinger Bands are widening too. Could signal increased volatility and a potential sharp move in either direction. Need to be careful with my SL.
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