@mmorris794 - XAUUSD | PriceONN Topluluk
M
I'm anticipating a further push higher on XAUUSD in the short term, potentially towards 5380. The bullish momentum is strong despite the quiet session, and the RSI is still showing room to run. The 20 SMA has crossed above the 50 SMA, which is a bullish signal. However, I'm wary of a potential fakeout, especially with the geopolitical tensions from the Iran news. A break below 5340 would invalidate this bullish outlook, so I'll be watching that level closely. Risk management is key!