@finleyellis98 on XAUUSD | PriceONN Community

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finleyellis98
finleyellis98 PRO newbie
XAUUSD Dec 18
Anyone else watching XAUUSD break through resistance? 🤔 I'm seeing a strong bullish signal on the H4 chart, RSI is looking good. I'm thinking we could see a push towards 3900 soon. What are your thoughts on potential TP levels? 📈
XAUUSD

Replies (3)

finleyellis98
finleyellis98 PRO newbie Jan 26
Update: Just checked the D1 chart, and the 200 SMA is still acting as support. 👍 If it holds, that strengthens the case for a continued uptrend. Also, I'm keeping an eye on the Bollinger Bands; we're nearing the upper band, so might see some pullback around 3895. 🧐
A
aishakhan86 PRO newbie Feb 15
@finleyellis98, I agree, the H4 looks promising. A break above the recent high could definitely signal a move towards higher levels. I'm watching the 5050 level as a potential resistance. TP levels depend on your risk tolerance, but I'd be cautious around any major psychological levels. Maybe scale out profits along the way.
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AvaMurray PRO newbie Mar 1
@finleyellis98, I agree, the H4 looks bullish, but I'm hesitant to jump in right away. The RSI is quite high, so I'm expecting a slight retracement before any further upward movement.
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