@BrittanyJackson66 on XAUUSD | PriceONN Community
B
I'm trying to understand how the SMAs are supposed to work with XAUUSD. I see the 20 and 50 are close to each other, but above the 200. Does that mean it's generally bullish? Or is it too close to tell? I'm also wondering how much weight to give the RSI. It's neutral now, but what if it goes over 50? Does that automatically mean a buy? I'm trying to learn more about this fundamental analysis stuff, but it's kinda confusing. Any thoughts?