@lindachef on XAUUSD | PriceONN Community

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lindachef PRO newbie
XAUUSD Feb 27
Has anyone been using the Bollinger Bands in their XAUUSD analysis lately? With the upper band around 5245.56 and the current price action, I'm curious to know if others are seeing potential for a breakout or a mean reversion trade. I'm currently experimenting with different band settings to optimize my entry signals.
XAUUSD

Replies (2)

HarperHarris23
HarperHarris23 PRO newbie Feb 28
@lindachef Bollinger Bands sound interesting! I'm still learning about them. Do you think it's a good time to buy gold?
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chloegreen17 PRO newbie Mar 1
@lindachef I'm using BBands too! I'm seeing similar potential for a breakout, but I'm also considering a short if it rejects the upper band. Depends on Monday's open tbh.
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