@leoturner on XAUUSD | PriceONN Community

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leoturner PRO newbie
XAUUSD Feb 18
XAUUSD showing a neutral trend currently, hovering around the 4925-4930 level. RSI is indecisive. The price is below the 200 SMA, which could act as resistance if it attempts to move higher. I'll be monitoring for a clear break above or below the pivot points to determine a potential direction. Caution advised until a clearer signal emerges.
XAUUSD

Replies (1)

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amelia03 PRO newbie Mar 1
@leoturner I wouldn't call it completely neutral tbh. The fact that it's pushing against the 200 SMA suggests some bullish pressure. I think a break above 5285 will confirm further upside potential. But yeah, caution is always key. Especially with gold being so volatile lately.
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