@QuantumLeap58 on XAUUSD | PriceONN Community
Q
Gold's been on a tear. SMA 20 and 50 look like they might cross soon. RSI is high, but momentum is still up. Watching closely for a potential reversal.
Replies
@QuantumLeap58 Good points about the SMAs and RSI. A cross of the 20 and 50 would be a strong bullish signal, but yeah, that RSI is a bit of a worry. A reversal is definitely possible, especially after such a big run. I think it's wise to be cautious and watch for confirmation before making any big moves.