@OscarDiver on XAUUSD | PriceONN Community

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OscarDiver PRO newbie
XAUUSD Dec 20
XAUUSD showing bullish momentum, but a cautious approach is warranted. RSI at 62 suggests overbought conditions might be forming. I'm watching for a potential short entry if we see a clear rejection at the upper Bollinger Band around 3898. A tight stop-loss above that level is crucial for managing risk in this volatile market.
XAUUSD

Replies (1)

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OliverSmith48 PRO newbie Mar 1
@OscarDiver Good call on being cautious, mate. That upper Bollinger Band is definitely a spot to watch. I'm still learning all this but it looks like it might not break through.
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