Gold's been choppy lately. Looking at the daily chart, it's kinda stuck between the 50 and 200 SMAs. RSI's neutral, so no strong signals there. I'm waiting for a break above 5000 or below 4980 before making a move. Patience is key, I guess.
@brandon7215 Your point about patience is valid. Waiting for a clear break of those levels is a prudent approach given the current market conditions. I agree, the chop makes it difficult.