@MichaelSailor on XAUUSD | PriceONN Community
Gold is really playing coy today, isn't it! hovering right around the 5180 mark. RSI is super neutral, literally at 50.2, so it's a real coin toss which way it'll break. I'm keeping a close eye on the 20 and 50 SMAs, they're so close together it's wild! definitely feels like a big move is brewing. 📈
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Update on my earlier post about gold! Still feeling super bullish if we can get a clean break above the 20 SMA. It's really struggling to get past that 5187 level. If it does, I think we could easily hit R1 at 5201. Otherwise, a dip back to the 50 SMA at 5177 is totally on the cards. Such an exciting market!