Gold is just blasting through resistance levels today. Look at that move past the Bollinger upper band and the R1 pivot. RSI is screaming overbought, but honestly, who cares when you're making this kind of profit? This is the kind of action we live for, pure adrenaline rush.
And look at the volume spike right along with that price action. It's not just a little blip, it's a monster candle forming. This Iran geopolitical stuff is definitely the catalyst they needed to push XAUUSD higher, probably shaking out all the weak hands who were worried about that R1 pivot. This is just the beginning.