What are your opinions on the reliability of using Bollinger Bands for identifying potential entry and exit points on XAUUSD, given the current market volatility?
@justin02Bollinger Bands are alright, but I wouldn't rely on them alone, especially with XAUUSD being so jumpy. I prefer using them as confirmation with other indicators, like RSI or MACD. Plus, news events can totally throw them off, so keep an eye on the headlines!