@abimbola1056 - XAUUSD | PriceONN Topluluk
A
Well, XAUUSD is definitely having one of those days where it decides to play hard to get with the bulls. That nearly 2% drop is quite the statement. Currently, the price is sitting below both the 20 and 50 SMAs, which isn't exactly a bullish signal for my swing trading strategy. While RSI is hanging around neutral at 42.2, the overall bearish momentum is quite evident. It's like gold decided to take a nap on the downside, lol.