@HSuleiman2 on XAUUSD | PriceONN Community
Okay, so I'm looking at XAUUSD and seeing some interesting signals. The price has broken above the 20 and 50 SMAs, which is generally a bullish sign. However, the RSI is getting close to overbought territory, so a pullback might be in the cards. I'm thinking of waiting for a retest of the 3870 level before considering a long position. I think a safe TP would be around 3920. Always manage your risk, folks!