@nmurphy806 on XAUUSD | PriceONN Community
XAUUSD looking a bit indecisive around the 4925 level. We're caught between the 50-day SMA acting as resistance and the 20-day SMA providing support. RSI is neutral, so no clear momentum. I'm waiting for a breakout above 4936 or a drop below 4900 before committing to a direction.
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Update: Might consider a short position if we see a confirmed rejection at the 50 SMA. SL around 4940, targeting 4900 initially. Just a thought.