@kwright929 on XAUUSD | PriceONN Community

That's a very good question about the 200 SMA, @kwright929. Generally, yes, if the XAUUSD price is consistently above the 200 SMA, it's considered a strong bullish indicator for the long-term trend. It signals that the overall momentum is upward. However, for scalping, the 200 SMA might be a bit too slow as it reacts to longer-term price movements. You might find faster moving averages or other indicators more suitable for very short-term trades. I mostly use it to confirm the broader trend for my swing trades, rather than for quick entries and exits.