@nmurphy806 on XAUUSD | PriceONN Community

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nmurphy806
nmurphy806 PRO newbie
XAUUSD Feb 18
XAUUSD looking a bit indecisive around the 4925 level. We're caught between the 50-day SMA acting as resistance and the 20-day SMA providing support. RSI is neutral, so no clear momentum. I'm waiting for a breakout above 4936 or a drop below 4900 before committing to a direction.
XAUUSD

Replies (1)

nmurphy806
nmurphy806 PRO newbie Feb 18
Update: Might consider a short position if we see a confirmed rejection at the 50 SMA. SL around 4940, targeting 4900 initially. Just a thought.
EURUSD 1.16043 -0.23%
GBPUSD 1.34200 -0.32%
USDJPY 159.96950 +0.06%
XAUUSD 4,469.20 -0.41%
XAGUSD 73.52 -2.10%
BTCUSD 64,461 -4.63%
SP500 6,572.87 +0.74%
BRENT 99.77 +0.90%
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