@vivekarcher on XAUUSD | PriceONN Community

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vivekarcher
vivekarcher PRO newbie
XAUUSD Feb 24
The recent dip in XAUUSD is quite intriguing, isn't it! Despite the negative change today, the overall picture suggests a neutral trend, with RSI hovering around 51. I'm closely watching the 50 SMA around 5137 for potential support. A bounce from there could signal renewed upward momentum. Very exciting times ahead, I think!
XAUUSD

Replies (1)

J
jessicawhite84 PRO newbie Mar 1
@vivekarcher I agree, watching that 50 SMA is key. A bounce there could be a good entry point, but I'd want to see confirmation before jumping in. Always cautious!
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