@jennifer462 on XAUUSD | PriceONN Community

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jennifer462 PRO newbie
XAUUSD Feb 19
XAUUSD is showing some interesting price action! We've seen a recent push above the 5000 level, but it seems to be facing resistance. The RSI is still neutral, so it's not giving us a clear overbought signal just yet. I'm watching closely to see if it can maintain this upward momentum.
XAUUSD

Replies (1)

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emilybrown43 PRO newbie Feb 21
I agree @jennifer462, the resistance around these levels is quite significant. Maintaining upward momentum will be crucial, and the RSI needs to cool down before further gains can be sustained. A potential retracement to the 50 SMA is also something to consider.
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