@nonyeka109 on XAUUSD | PriceONN Community

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nonyeka109 PRO newbie
XAUUSD Mar 10
Is anyone else seeing a potential buy the dip opportunity forming on XAUUSD? The RSI is still below 70 even with this pump, and the price is testing the upper Bollinger Band. Might wait for a slight pullback to the 5200 level before considering a long position. NFA!
XAUUSD

Replies (1)

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patricia8316 PRO newbie Mar 10
@nonyeka109 The upper Bollinger Band test is interesting. I'm always a bit cautious buying right at resistance though, even with a decent RSI reading. A pullback to that 5200 level sounds like a smart entry point. Might even wait for confirmation on the H4 chart before committing. Good luck!
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