@MoonRise41 on XAUUSD | PriceONN Community

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M
Given XAUUSD is showing a neutral trend right now, with RSI at 50.2, I'm trying to understand the next likely movement. The 20 SMA is just above the current price at 5187, while the 50 SMA is slightly below at 5177. Are these levels significant for potential resistance or support? What are others observing?
XAUUSD

Replies (1)

M
MoonRise41 PRO newbie Feb 26
update: I also see the price is currently within the Bollinger Bands, pretty close to the middle band. Does this suggest consolidation before a breakout?
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