@kevin1365 on XAUUSD | PriceONN Community
Hi everyone, I'm trying to understand the best way to use the SMA indicators. I see the 20-day SMA is currently at 4991.21 and the 50-day SMA is at 4952.54. Is there a general rule about when the price crosses these? Like, if XAUUSD crosses below the 20-day, is that usually a sell signal? Any advice would be great, thanks!
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Update: I'm also looking at the RSI, which is around 50. Does that mean the price is likely to consolidate for a bit? Just trying to get a feel for how these all work together.