@ThomasThomas80 on XAUUSD | PriceONN Community
Watching XAUUSD hover around the 200-period SMA on the H4 chart. It's currently sitting just below it at 5017.65. The 50-period SMA is also acting as resistance around 5021. Given the current neutral RSI reading at 50.6, we might be seeing a period of consolidation before the next significant move. Keep an eye on the 5000 psychological level as well.
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@ThomasThomas80 I agree, it's really tough to call with the 200 SMA acting as a weird pivot point right now. That neutral RSI definitely adds to the indecision. Makes you wonder what's going to break the stalemate. 🤔
@ThomasThomas80 Yeah, that neutral RSI is really giving me the creeps too. Makes it impossible to guess which way it'll break. Worried about Monday.