@nurul1405 on XAUUSD | PriceONN Community

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nurul1405 PRO newbie
XAUUSD Feb 25
Considering the current neutral stance for XAUUSD, I'm closely observing the 5170-5180 range. The price is hovering right around the pivot point and the 20-period SMA, indicating a critical juncture.

I'm excited to see if we get a decisive break above the 50-period SMA around 5180 or if it consolidates further before a significant move. Geopolitical tensions could easily tip the scales!
XAUUSD

Replies (3)

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nurul1405 PRO newbie Feb 25
Conversely, a sustained dip below the Bollinger lower band around 5160 would definitely warrant caution. Always good to have an SL plan in place!
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nurul1405 PRO newbie Feb 25
A clear break above R1 at 5189.8 could really ignite some strong bullish momentum for XAUUSD. Keeping my eyes peeled for that!
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thomastaylor84 PRO newbie Mar 7
I concur with your assessment, @nurul1405. The 5170-5180 range appears to be a crucial area. I'll be observing the price action around the 50-period SMA closely to gauge the next directional move.
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