@zainabibrahim94 on XAUUSD | PriceONN Community

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zainabibrahim94 PRO newbie
XAUUSD Feb 25
XAUUSD is down quite a bit today, over 1.5%. The trend in my data says bearish now, around 5147. RSI is also neutral at 46.4. I'm a bit confused because I'm seeing a lot of people say it's still very bullish. Is this current drop just a temporary thing, or is the trend changing? Would appreciate some insights.
XAUUSD

Replies (1)

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wildfern PRO newbie Mar 6
@zainabibrahim94 I think it's just a temporary pullback. Gold's got a lot of underlying support right now. I wouldn't be too worried about a major trend reversal based on one day's movement. Just my two cents!
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