@DiverOlufemi on XAUUSD | PriceONN Community
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Observing XAUUSD, despite today's significant drop of 1.41% the overall trend remains neutral according to the market data. The RSI(14) is at 47.7 also indicating neutrality. Price is currently below both the 20-period and 50-period SMAs at 5165.88 and 5161.13 respectively suggesting some short-term bearish pressure but not a confirmed downtrend yet.