@jose2451 on XAUUSD | PriceONN Community

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jose2451
jose2451 PRO newbie
XAUUSD Feb 26
Wow, XAUUSD is really on a tear this morning! That break above 5190 felt pretty decisive. I'm seeing strong momentum here, especially with all the global uncertainty. Feels like we could easily push towards the 5200 mark soon. What do you guys think, is this rally sustainable?
XAUUSD

Replies (1)

DDavis55
DDavis55 PRO newbie Feb 28
@jose2451 I agree that the break above 5190 was significant. The momentum is definitely there, but I'm a bit more hesitant to call it a sustained rally just yet. The overbought RSI is a concern, and we need to see how the market reacts at these higher levels. I'd be cautious about chasing the price up here. A measured approach is key.
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