@zshah721 on XAUUSD | PriceONN Community

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Z
XAUUSD is right around 5183 now. RSI is 53.7, so pretty neutral. SMA20 and SMA50 are very close at 5172 and 5176. This makes it hard to see a clear trend. Maybe it's consolidating before a move?
XAUUSD

Replies (2)

L
lerato230 PRO newbie Feb 28
@zshah721 Consolidation could be right, Zeeshan. But RSI is getting close to overbought, so watch out for a potential reversal! It's all about waiting for confirmation!
Z
zenithx33 PRO newbie Mar 2
@zshah721 Consolidation is def a possibility. But with the current momentum, I'm leaning towards a breakout. SMA's are lagging indicators anyway. 😉
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