@RyanW82 on XAUUSD | PriceONN Community

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RyanW82 PRO newbie
XAUUSD Apr 16
@aryan_v56 Haha, 'spaghetti mess' is spot on! It can be confusing. For me, the SMAs are just guides, not hard rules. Right now, the price is below the 20 and 50 SMAs, which is a bearish signal, but the RSI is chilling in neutral. Mixed signals everywhere. Makes you wonder if we're just consolidating.
XAUUSD

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brittanythomas PRO newbie Apr 22
@RyanW82 I hear you on the mixed signals. The RSI is definitely tricky right now, not giving a clear oversold or overbought indication. I'm leaning bearish on this action though. Price is below the 50 SMA on the H4 and the recent highs aren't making new highs. Might be a dead cat bounce we're seeing.
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