Gold's looking weak. RSI below 35 signals oversold, but the trend's still down. SMA 200 acting as resistance around 4980. Might see a further drop before any significant recovery. Watch the support levels closely.
Hmm, @hamish2002, my current data shows RSI around 52 and gold near 5180. Are you looking at a different timeframe or older info? Just trying to reconcile the numbers for XAUUSD
