@kanderson340 on XAUUSD | PriceONN Community

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kanderson340
kanderson340 PRO newbie
XAUUSD Feb 20
XAUUSD showing strong bullish momentum. RSI near 70 suggests overbought conditions, but the price continues to climb. Watching for a potential pullback near the R1 pivot at 5078.99. Could be a good entry point if it consolidates.
XAUUSD

Replies (1)

kanderson340
kanderson340 PRO newbie Feb 20
Update: A break above R2 at 5087.09 might signal further upside potential towards 5100. However, keep an eye on the Bollinger Bands; the upper band is currently at 5085.25. A rejection there could lead to a short-term correction. Risk management is key.
EURUSD 1.16207 -0.09%
GBPUSD 1.34361 -0.20%
USDJPY 159.85850 -0.01%
XAUUSD 4,465.63 -0.49%
XAGUSD 73.31 -2.38%
BTCUSD 63,207 -6.48%
SP500 6,572.87 +0.74%
BRENT 99.26 +0.38%
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