@viknesh96 on XAUUSD | PriceONN Community
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XAUUSD is currently consolidating, hugging the 50-day SMA quite closely. Price at 5156.4 is just above the lower Bollinger band but struggling to reclaim the 20-day SMA at 5192.63.
The RSI at 44.6 firmly indicates a neutral sentiment, making any strong directional calls quite speculative for now. A clear break above 5192 or below 5143 is needed to confirm momentum.
The RSI at 44.6 firmly indicates a neutral sentiment, making any strong directional calls quite speculative for now. A clear break above 5192 or below 5143 is needed to confirm momentum.