@BrandonYoga on XAUUSD | PriceONN Community
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I've gone short on XAUUSD at 5162.50. My reasoning is based on the 200 SMA acting as resistance around 5202. I'm aiming for a target of 5145, with a stop loss at 5170. The RSI is still neutral, but I'm betting on a pullback. The Bollinger bands show it's near the upper band too, which might suggest overbought conditions. Hopefully, this trade works out.