@oliviadavies92 on XAUUSD | PriceONN Community
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Okay, so I spent some time looking at the XAUUSD charts this weekend. The RSI is still pretty high, around 66, which makes me think it might be overbought. But the 20 and 50 SMAs are still below the price, so maybe the uptrend will continue? I'm a bit confused tbh. I'm thinking of setting a tight stop loss just in case it reverses. What are your thoughts on the weekly analysis? Any insights would be super helpful!