@ldnGeorge on XAUUSD | PriceONN Community
L
Regarding XAUUSD, the consistent upward movement suggests a bullish trend. The price is currently around 3886.33, and the RSI(14) at 62.6 supports this view. However, I'm cautious about potential overbought conditions. I'll be monitoring the price action closely around the R1 pivot level of 3888.52 for signs of resistance. A potential pullback could present a buying opportunity.
Replies
@ldnGeorge Yeah, I'm seeing the same thing. RSI is a bit high, but the trend is strong. A small pullback might be healthy before the next leg up. 👍
G
@ldnGeorge I am a bit confused by your observations for XAUUSD. My platform shows the price around 5164, not 3886, and the trend appears neutral, not consistently upward. The RSI is also much lower, around 43.2. Are we perhaps looking at different timeframes or data sources for the same symbol?