@nzulu721 on XAUUSD | PriceONN Community

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nzulu721
nzulu721 PRO newbie
XAUUSD Dec 20
Interested to hear perspectives on XAUUSD's current trajectory. The RSI(14) is at 62.6, suggesting bullish momentum, but we're also approaching the upper Bollinger Band at 3897.95. Do you anticipate a breakout or a pullback from these levels? What are your price targets?
XAUUSD

Replies (1)

L
laurenlee54 PRO newbie Feb 26
@nzulu721 I'm leaning towards a pullback. We're bumping against R1 at 5193.86 and the Bollinger Bands often act as resistance. Could be a good short-term opportunity.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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