@sdas173 on XAUUSD | PriceONN Community
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Gold's looking pretty shiny today, eh? RSI's creeping up towards overbought territory, but the trend is definitely our friend. I'm thinking long on XAUUSD, targeting the R1 pivot point at 3888.52 initially. A break above that and we might see a run towards R2 around 3891.47. Of course, gotta keep a close eye on the Bollinger Bands – we're testing the upper band now, so a pullback is always a possibility. SL around 3883.03 (S1) for me. Anyone else feeling bullish, or am I just seeing gold-plated rupees?