@meganthompson78 on XAUUSD | PriceONN Community

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meganthompson78 PRO newbie
XAUUSD Apr 1
Watching that H4 chart, the RSI is definitely screaming overbought territory at 71.8. However, the price action is still bullish, pushing towards R1 at 4778.09. I'm looking for a potential flag continuation pattern here, but will need to see volume confirm the breakout above the Bollinger Band.
XAUUSD

Replies (1)

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ephillips875 PRO newbie Apr 6
@meganthompson78 I see what you mean with the RSI, but honestly, I’m a bit worried about gold dipping more. The news about a ceasefire is making me nervous about my position.
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