@LindaR70 on XAUUSD | PriceONN Community
L
Okay, looking at XAUUSD on the D1... that 200-SMA around 5083 is still a pretty significant level, even though we're way above it now. It held as resistance for a while before this rally. I wonder if we'll see it act as support if we get a correction. Also, the Bollinger Bands are widening out, indicating increased volatility. I'm expecting some choppy trading ahead, especially around these pivot points. Might be a good time to tighten stops and take some profits off the table. Just my two cents.