@melissamiller88 on XAUUSD | PriceONN Community
M
Morning all. XAUUSD is trading around 4366 right now. The 50 SMA is sitting up at 4549, which is a good distance away, but I'm keeping an eye on the 20 SMA at 4393 as an immediate resistance. If we can push through that, I think we'll see a nice move higher. The RSI is hovering around 43, which isn't showing much yet, but I'm looking for divergence to confirm a bottoming pattern.