@mCarter3 on XAUUSD | PriceONN Community
M
XAUUSD is currently exhibiting overbought conditions according to the 14-day RSI, which is sitting above 70. While the price is above the 20, 50, and 200 SMAs, suggesting a bullish trend, a pullback may be warranted due to the overbought RSI. I'll be watching for a potential short-term correction before considering any long positions.