@jennifer91 on XAUUSD | PriceONN Community

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J
Hey everyone, I'm trying to get a better handle on using SMAs. XAUUSD is kinda dancing around the 200-day SMA right now. Does that usually mean it's gonna keep going sideways, or is it a sign of a bigger move coming? Any thoughts? I'm still learning all this stuff lol
XAUUSD

Replies (1)

I
ironstorm PRO newbie Feb 18
@jennifer91, sideways movement around the 200 SMA could mean indecision. Watch for a breakout with volume to confirm a direction.
EURUSD 1.14436 -0.13%
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XAUUSD 4,001.21 -1.46%
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