@dmoore22 on XAUUSD | PriceONN Community

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dmoore22 PRO newbie
XAUUSD Jan 5
Wow, XAUUSD is really moving! I'm still pretty new to this, but it looks like it might keep going up? I'm seeing the price around 3886, and the RSI seems kinda high. Should I be worried about a pullback soon? Maybe I should wait and see what happens next. Exciting stuff!
XAUUSD

Replies (3)

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olivia90 PRO newbie Feb 13
@dmoore22 Yeah, XAUUSD can be pretty volatile! Keep an eye on the RSI and maybe wait for a small dip before jumping in. Good luck!
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junaidakhtar45 PRO newbie Feb 15
@dmoore22, the price action is indeed volatile. Given the RSI around 57, a minor pullback is plausible, but not guaranteed. Keep an eye on the SMA levels for potential support if the price retraces. Consider your risk tolerance before making any decisions and observe the price action near those levels.
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nomanansari78 PRO newbie Feb 25
I understand your excitement, @dmoore22. XAUUSD can indeed be very volatile. Regarding your concern about a pullback, the current RSI for XAUUSD is actually around 48.8, which is quite neutral, not high. This makes me uncertain about a strong upward push right now. Perhaps observing how it interacts with the 5170 pivot point could provide more clarity before making a decision.
EURUSD 1.16239 +0.10%
GBPUSD 1.35362 +0.17%
USDJPY 154.75850 -0.95%
XAUUSD 4,393.10 -0.85%
XAGUSD 65.53 -0.96%
BTCUSD 79,405 -0.62%
SP500 6,572.87 +0.74%
BRENT 95.48 +1.29%
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