Did some chart analysis over the weekend and the bollinger bands are pretty wide, ngl. Might mean we're in for some big moves on XAUUSD next week! Gonna keep an eye on it.
Hey @ArchieClarke, yeah the Bollinger Bands on XAUUSD are definitely expanded! 😲 That could mean increased volatility is coming, but it doesn't always guarantee a massive move in one direction. It's more about *when* the bands start to contract again and which way price breaks out. I'd be careful about assuming a big move just based on band width alone. Look at other indicators like RSI and MACD to confirm your bias. I'm running some backtests on similar setups, will share if I find anything interesting! 🤓