@dawnbreak246 on XAUUSD | PriceONN Community
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XAUUSD is currently exhibiting strong bullish momentum, confirmed by the RSI reading above 60. A potential short-term target could be the R1 pivot at 5037.49, but traders should be wary of a possible retracement given the overbought conditions. Monitoring price action around the Bollinger Band upper boundary will be critical for identifying potential reversal zones.