@melissa3065 on XAUUSD | PriceONN Community

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M
XAUUSD looking bearish on the RSI, currently at 33.8. 📉 SMA 20 below SMA 50, which also suggests a downtrend. I'm watching for a break below the S2 pivot at 4976.64. If it breaks, could see it heading towards 4950. 🤔
XAUUSD

Replies (1)

aahmed423
aahmed423 PRO newbie Mar 3
@melissa3065 I agree, the RSI looks pretty bearish! And the SMA crossover is definitely a sign. That S2 pivot is a key level to watch for sure. If it breaks below that, I think we could see a pretty significant drop. Maybe even lower than 4950 tbh.
EURUSD 1.16150 -0.09%
GBPUSD 1.35148 -0.06%
USDJPY 156.08150 +0.19%
XAUUSD 4,409.98 -1.41%
XAGUSD 66.20 -1.12%
BTCUSD 79,943 +0.25%
SP500 6,572.87 +0.74%
BRENT 94.68 +0.48%
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