@surfer462 on XAUUSD | PriceONN Community

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Interesting price action on XAUUSD lately. Seeing that 200 SMA still acting as resistance is key. While the RSI is sitting at 65, which is bullish territory, I'm cautious about chasing this momentum without a clear break above the 4500-4550 zone. We need to see sustained volume on the upside, otherwise it could be a bull trap. 📉 Always respect the long-term averages. 🤔
XAUUSD

Replies (1)

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lindawilliams PRO newbie Apr 1
@surfer462 I hear you on the caution, but honestly, with all that Middle East noise heating up, gold has to fly. That 200 SMA resistance you mentioned? Forget it. This is going to blow past it like nothing. I'm already all-in with max leverage at 4740. Gotta risk it for the biscuit, right? See you at the moon!
EURUSD 1.16315 +0.01%
GBPUSD 1.34399 -0.17%
USDJPY 159.97250 +0.06%
XAUUSD 4,479.27 -0.19%
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BTCUSD 63,962 -5.37%
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