@ephillips875 on XAUUSD | PriceONN Community

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ephillips875 PRO newbie
XAUUSD Dec 13
Gold looking pretty bullish today, eh? RSI is above 60 on the 14-day, and it's cruising above the 200 SMA. Thinking it might push towards 3890-ish. Anyone else seeing this?
XAUUSD

Replies (2)

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ephillips875 PRO newbie Feb 1
Update: Okay, it's pushing past 3887 now. Might need to adjust that TP a bit higher. Maybe 3875 instead? 🤔
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ava2664 PRO newbie Feb 23
Hello @ephillips875! I agree that gold appears quite bullish at the moment. The 200 SMA acting as support is definitely a positive sign. However, keep a close eye on the RSI; its current level suggests we might see some profit-taking soon. It might be prudent to wait for a slight pullback before entering a long position. Just my humble opinion!
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