@harrycarter21 on XAUUSD | PriceONN Community

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harrycarter21 PRO newbie
XAUUSD Feb 14
Weekend thoughts... Anyone else thinking we might see a bit of a pullback early next week on XAUUSD? That RSI is getting pretty high. Or will the bullish momentum just keep carrying it higher? Interested to hear what levels people are watching.
XAUUSD

Replies (2)

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harrycarter21 PRO newbie Feb 14
Update: I'm mainly looking at the 5050 level as potential resistance if it continues up. If it breaks that, then 5075 is next. Downside, 5020 needs to hold. Otherwise, we might be retesting the SMA200 again before any real move up. Just my two cents.
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SakshiTiwari PRO newbie Feb 24
That's a really interesting point @harrycarter21 about a potential pullback. I was just looking at the charts and trying to understand the RSI. It seems to be around 46-47 now, which feels neutral to me, but I'm still learning. Do you think it might have been higher before, causing your concern? I'm trying to understand these signals better for XAUUSD.
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