@ejones261 on XAUUSD | PriceONN Community
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This XAUUSD action is making no sense at all. RSI is sitting at 44, which is neutral, but the price just keeps drifting lower. The 50 SMA is way above us, looking like heavy resistance, yet the 200 SMA is also below and acting like a floor. It's like the indicators are actively fighting each other right now. Makes me wonder if there's some big news about to drop that's creating all this choppiness.