@hafiz1989 on XAUUSD | PriceONN Community

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hafiz1989
hafiz1989 PRO newbie
XAUUSD Feb 19
XAUUSD is in an interesting spot. The 200 SMA is acting as resistance around 4994, but we're also seeing support around the 4960-4970 area. If it breaks above the 200 SMA, we could see a push towards 5000. If it breaks below 4960, then maybe lower towards the 50 SMA. What do you guys think? I'm waiting for a clearer signal before entering.
XAUUSD

Replies (1)

hafiz1989
hafiz1989 PRO newbie Feb 19
Update: I'm noticing the RSI is pretty neutral right now, so it's not really giving a strong indication either way. Gotta be patient and wait for more confluence. Maybe wait for the H4 candle to close before making a decision?
EURUSD 1.16272 +0.13%
GBPUSD 1.35448 +0.23%
USDJPY 154.31400 -1.23%
XAUUSD 4,413.07 -0.40%
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