@rajeshpilot on XAUUSD | PriceONN Community
R
XAUUSD looking very bullish! RSI confirms upward momentum. I'm targeting 3900 as a potential resistance. The SMAs are aligning nicely, with price comfortably above the 20 and 50. I believe we will see continued upward movement this week. My stop loss is placed conservatively below the 50 SMA. I'm also watching the Bollinger Bands for potential overbought conditions, but for now, the trend is definitely our friend! This could be a great swing trade opportunity!