@brittany_a67 on XAUUSD | PriceONN Community
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I am observing that the Relative Strength Index (RSI) for XAUUSD is currently at 73.3, indicating an overbought condition. Historically, such levels have often preceded a price correction. I am considering a small short position if the price fails to maintain its current level around 5100, targeting the 50-day SMA as a potential support.