@ddavis899 on XAUUSD | PriceONN Community
So, looking at gold today, it's definitely been on a run. Up over 1%... seems pretty strong. I'm wondering if this is sustainable, though. I mean, RSI is getting pretty high, around 68, which makes me think it might be overbought. On the other hand, the SMAs look bullish, with the 20 above the 50 and 200. Maybe it's just finding a new level? I'm hesitant to jump in right now, but I'm also afraid of missing out if it keeps climbing. Maybe I'll wait for a pullback to around 5230 before considering a long position. Anyone else seeing the same thing?