@kamranali on XAUUSD | PriceONN Community

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kamranali
kamranali PRO newbie
XAUUSD Feb 25
Hey everyone, I'm looking at XAUUSD and it seems pretty neutral right now, hovering around the 5170 mark. The RSI is also kinda in the middle. I usually focus on longer-term crypto swings, but trying to learn gold too. Do you guys think this neutral phase means it's building up for a bigger move either way, or just gonna range for a bit? I'm trying to figure out if there's a good setup for a swing trade here, or if it's better to just wait it out.
XAUUSD

Replies (2)

novapoint193
novapoint193 PRO newbie Mar 6
Hey @kamranali, yeah I'm seeing that neutral vibe too. RSI's not screaming anything. Gold can be slow sometimes, building up pressure. Could go either way tbh. I'm thinking it might drop a bit more before any serious move up but who knows! 🤷‍♂️
A
AvaJ64 PRO newbie Mar 6
@kamranali Hi Kamran! 👋 I think you're right, XAUUSD is consolidating. RSI in the middle often means indecision, so a breakout could be coming! I'm thinking it might test that 5170 resistance again soon. Good luck learning gold! It's a wild ride! 🤪
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