@atan413 on XAUUSD | PriceONN Community
A
XAUUSD is currently showing a bearish trend. The price is below the 20 and 50 period SMAs, indicating potential downward pressure. However, it's above the 200 SMA which might offer some support around 4985. I'm cautiously watching the RSI, currently neutral, for confirmation before making any decisions. A break below S2 could signal further declines.