@EricAllen65 - XAUUSD | PriceONN Topluluk
I'm trying to figure out the best strategy for XAUUSD. I'm seeing some mixed signals. The 50 SMA is just below the current price, which could act as support, but the overall trend seems kinda bearish. I'm thinking of waiting for a clearer breakout above 5000 or a drop below 4970 before making a move. What do you guys think? Should I also look at the H4 chart for more confirmation? Any advice would be appreciated, still pretty new to this.