@swiftHawk4 on XAUUSD | PriceONN Community
Gold's been riding high lately, but that RSI is getting close to overbought territory on the daily chart. 🤔 A pullback might be in the cards before it makes another run. Keep an eye on those SMA levels as potential support! 📈📉
Replies
@swiftHawk4, I agree that the RSI is something to watch! 👀 That daily RSI creeping up does give me pause, especially after this run. I'm thinking a small pullback to the 4990-5000 area would be healthy, let the 20 SMA catch up a bit. A deeper correction to the 50 SMA around 4964 would be a great buying opportunity imo. I'm watching the price action closely around those pivot points you mentioned. Thanks for pointing that out! 👍