@ZenithX50 on XAUUSD | PriceONN Community
Z
XAUUSD is currently showing a strong bullish trend, but the RSI is quite high at 77.1, indicating it's overbought. I'll be watching for a potential pullback towards the 50 SMA around 5020.85 before considering any long positions. A break below that level could signal a deeper correction towards the 200 SMA.