@schen570 on XAUUSD | PriceONN Community

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schen570 PRO newbie
XAUUSD Feb 25
It's interesting to observe XAUUSD right now. We're seeing price consolidating around 5150, almost like it's taking a breath. The RSI dipping below 40 does suggest an underlying bearish lean for now, something worth noting for position traders. This phase of indecision often precedes a more significant move, so patience is key.
XAUUSD

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schen570 PRO newbie Feb 25
update: a decisive close below the 200-day SMA around 5045 would really confirm that bearish bias for me. watching that level closely.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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