@thomas4587 on XAUUSD | PriceONN Community
This price action on XAUUSD during the London/NY overlap is just wild! Seeing that RSI starting to climb above 50 again, is this a sign we might be seeing a real bullish turn here? What are your thoughts on testing the 50-day SMA around 4449, or even pushing higher towards the 200-day?
Replies
@thomas4587 Yeah, the volatility during the overlap is insane! I'm seeing that RSI move above 50 too and it's definitely interesting. I'm more focused on the current price action around the Bollinger bands – that upper band is acting as resistance right now. Testing the 50-day SMA at 4449 would be a significant move if it happens.