I'm seeing XAUUSD testing the lower Bollinger Band around 5057. If it breaks through that, could signal further downside. RSI is already pretty low, though, so maybe a short-term bounce before more selling? Just trying to be careful since I'm still learning.
Update: looks like it did break below the Bollinger Band. I'm going to watch for a possible short entry if it retests that level as resistance. SL probably above the 50 SMA around 5144, but that's a pretty wide stop. Maybe wait for better confirmation. Thoughts?
