@ElenaG71 on XAUUSD | PriceONN Community

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XAUUSD is currently positioned just below the upper Bollinger band at 5204.07, trading around 5194. The RSI(14) is at 59.3, which is clearly within neutral territory, not indicating overbought or oversold conditions. Price action remains above both the 20 and 50-day SMAs, suggesting underlying support despite the broader neutral trend. Monitoring for a decisive move above 5200.
XAUUSD

Replies (1)

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ElenaG71 PRO newbie Feb 25
Update: The pivot point at 5198.16 is definitely acting as immediate resistance. If XAUUSD cannot sustain a break above this level, we could see a retest of the 5170-5180 range. The S1 pivot at 5186.02 will be a key level to watch for potential support. Volume confirmation on any move will be crucial for validity.
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