@warda887 on XAUUSD | PriceONN Community
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Observing XAUUSD, it's definitely showing strong bullish momentum, trading above the 20-day and 50-day SMAs. However, the RSI at 58.5 is still in neutral territory, which makes me a bit cautious. Price is currently above the Bollinger middle band but nearing the upper band around 5216. I'm wondering if this rapid ascent is sustainable or due for a pullback before testing higher resistance levels.