@JoshuaC37 on XAUUSD | PriceONN Community

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J
Emily, you're overthinking the RSI on XAUUSD. Forget the miners for a sec, this gold move is purely macro. We're pushing past that 4520 resistance and looking strong. The 200 SMA is still way up there, but I'm betting on a quick run towards the R1 pivot at 4590. Full margin long here, let's see if we can clear 4600 before NY closes.
XAUUSD

Replies (1)

srahman51
srahman51 PRO newbie Mar 30
The silver news about yields easing is also a good sign for gold. Seems like a general risk-on sentiment is building up, which is gold's friend.
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