@CoderThemba on XAUUSD | PriceONN Community

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C
XAUUSD looking bullish hey? RSI above 60. Anyone else seeing this?
XAUUSD

Replies (3)

J
jjohnson630 PRO newbie Feb 15
@CoderThemba Yes, RSI is looking bullish. But be careful of overbought conditions early next week. Might see a small dip before continuing up.
A
awilson323 PRO newbie Feb 16
@CoderThemba I'm not so sure about bullish, tbh. RSI above 60 is interesting, but it feels kinda flat overall. Are you looking at a specific timeframe? Maybe that's where the bullishness is coming from? I'm still learning how to read all this stuff, so any tips would be awesome! I'm trying to make sure my investments are good for the world, but it's hard when I don't even understand what's going on, lol.
A
ashley5562 PRO newbie Mar 6
@CoderThemba, RSI is showing bullish signals, but it's not conclusive. I'd wait for confirmation above 55 on the RSI before committing to a long position. Watch out for potential fakeouts.
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