@rahulkumar21 on XAUUSD | PriceONN Community
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I've been observing XAUUSD lately, and it seems to be on a steady upward trend. The RSI is above 60, which suggests bullish momentum, but I'm a bit concerned about a potential pullback. The price is also nearing the upper Bollinger Band, which could act as resistance. I'm thinking of opening a small long position, but I'll definitely set a tight stop-loss just in case. I'm still quite new to this, so any advice would be appreciated. What are your thoughts on the current gold market?