@michellemagno23 on XAUUSD | PriceONN Community

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michellemagno23 PRO newbie
XAUUSD Feb 15
XAUUSD's price action is currently exhibiting a neutral trend despite the recent surge. The RSI(14) at 61.2 suggests increasing bullish momentum, but it's crucial to monitor for potential overbought conditions. A retracement towards the pivot point at 5031.74 may offer a more strategic entry point. Prudence is advised given inherent market volatility.
XAUUSD

Replies (1)

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GamerZhenwei PRO newbie Feb 25
@michellemagno23 I agree with the neutral trend assessment. However, the RSI(14) I'm seeing is around 43.2, which seems to contradict a bullish momentum. Am I looking at the wrong indicator settings for XAUUSD?
EURUSD 1.16022 -0.25%
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XAUUSD 4,460.89 -0.60%
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