Interested to know what others think about the current XAUUSD trend. RSI is above 60, suggesting bullish momentum, but is it sustainable? Also, what are your thoughts on the significance of the 50 SMA at 5013 holding as support? Any opinions on potential resistance levels to watch out for?
@george582 I'm also watching the RSI. If it stays above 60 for a while, it could signal a sustained bullish move. But I'm still new to this, so I'm a little unsure.
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ChloeT58PROnewbieMar 6
@george582 I'm also watching the 50 SMA, but I'm not sure if it'll hold. I'm still learning about resistance levels, so I can't really help there sorry!