@stephaniewhite55 on XAUUSD | PriceONN Community

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stephaniewhite55
stephaniewhite55 PRO newbie
XAUUSD Feb 27
I'm a bit concerned about XAUUSD. I see the SMA 20 is very close to the current price, but the SMA 50 is a bit higher. What do you all think about these moving averages? Do you think the SMA 50 will act as resistance if gold goes up? Or will the SMA 20 act as support if it goes down? I'm also looking at the Bollinger Bands, and the price is right in the middle. Does anyone use the Bollinger Bands to help them make a trade? Any thoughts on where gold might go next week would be appreciated.
XAUUSD

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EURUSD 1.16111 -0.17%
GBPUSD 1.34239 -0.29%
USDJPY 160.02600 +0.09%
XAUUSD 4,475.84 -0.26%
XAGUSD 73.88 -1.62%
BTCUSD 63,590 -5.92%
SP500 6,572.87 +0.74%
BRENT 98.07 -0.82%
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