@isiaka2749 on XAUUSD | PriceONN Community
This RSI at 48 is just sitting there like it's not sure what to do. Yesterday it bounced off that 4490 support like a champ though, which is interesting. If it can break above the 20 SMA around 4515, I might jump in. Gotta see that confirmation first, though.
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Hi @isiaka2749, I see you're watching that 4490 support level. It's true, it held quite well previously. I'm also new to this, and honestly, trying to figure out when to enter is the hardest part for me. You mentioned waiting for confirmation above the 20 SMA around 4515. That makes sense to avoid getting caught in a false move. I'm just so nervous about making the wrong decision, especially with the news about the Middle East tensions still lingering. It seems like gold should be going up with all that uncertainty, but it's not really moving much right now. I'm still trying to learn how all these factors interact.