@IsabellaAnderson30 on XAUUSD | PriceONN Community
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Okay, so I'm trying to get my head around trading gold and I'm a little confused about how much weight to give to different indicators. I'm seeing bullish signals from the SMAs and price action, but then the RSI is almost overbought, and I'm also reading that interest rates are going to climb, which is bad for gold, right? I'm thinking of setting a stop loss around 3880. Does anyone have any suggestions on how to balance these conflicting signals? Any advice would be greatly appreciated – feeling a bit lost in the golden maze!