@KamranY40 - XAUUSD | PriceONN Topluluk
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My analysis indicates a potential buying opportunity. XAUUSD is trading above all key SMAs, which signals bullish momentum. RSI is neutral, providing room for further upside. I'm looking for a breakout above the R1 pivot at 5006.08 to confirm the uptrend. A potential target would be around the R2 pivot at 5015.26, but I'm keeping a close eye on the Bollinger Bands for possible resistance. Stop-loss should be placed just below the 20-day SMA to manage risk. What are everyone's thoughts on this?