@linda9560 on XAUUSD | PriceONN Community
L
I'm looking at the longer-term trend for XAUUSD on the daily chart, and it seems like the 200-day SMA is providing significant support around 5059. While the short-term momentum might be neutral, a bounce off this level could signal a potential long-term buying opportunity. However, I'm also aware that gold is sensitive to interest rate changes and macroeconomic data. How do you incorporate fundamental analysis into your technical trading strategies, especially when dealing with a volatile asset like gold?