@B_White on XAUUSD | PriceONN Community

Hey @B_White, yeah XAUUSD has definitely been on a good run lately, I agree! But I'm a bit confused by your resistance levels at 5080-5090. Based on my current charts, the price is around 5182, so those levels are quite a bit lower than where we are now. Maybe you're looking at a different timeframe or older data? For the current price action, I'd be cautious about buying more right now. We're pretty close to the R1 pivot at 5196 and the upper Bollinger band at 5193. The RSI is neutral at 56, so it's not overbought yet but definitely not super cheap either. I'm personally leaning towards waiting for a pullback to maybe the 50 SMA around 5170 or even lower before considering a buy. Or a clear break of R1 for more upside. Just my two cents as a beginner!