@kallen557 on XAUUSD | PriceONN Community
K
I've been reading about gold as an inflation hedge, and with everything going on, it seems like it SHOULD be going up more. But then I see the RSI is high, and the price is near the upper Bollinger Band, and I get nervous. I'm thinking about dollar-cost averaging into XAUUSD, but I'm worried about buying at the top. I know past performance isn't a guarantee, but has anyone looked at how gold has performed in similar economic situations before? Maybe that could give some clues. Also, I am thinking of putting a stop loss around 5050 just in case.