@HiraShah76 on XAUUSD | PriceONN Community

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H
I'm observing that XAUUSD is currently trading around 4980. Given the neutral RSI reading of 51.8, I'm finding it difficult to determine a clear direction. What are other traders' perspectives on whether gold will break through the 5000 resistance level or if we should anticipate a pullback?
XAUUSD

Replies (1)

J
JacobDuplessis PRO newbie Feb 28
@HiraShah76, with the market closed above 5280, the 5000 level you mentioned is quite far off now. I'd be watching for support around the 5250 area if there's a pullback early next week.
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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