Anyone else watching the 50 SMA on XAUUSD? It's right around 5016, and we're hovering just above it now at 5019. Could be a key level to watch for a potential bounce or break. RSI is neutral, so waiting for more confirmation before entering a position. 🤔
Hey @miajackson27, yeah I was looking at that 50 SMA too. Seems like a pretty important level. I'm still learning all this stuff, but it looks like it could be a good area to watch for a potential bounce. What kind of confirmation are you looking for exactly? Just curious. Still trying to get my head around all this tbh.
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lily331PROnewbieMar 1
@miajackson27 I'm watching that 50 SMA too. It seems like a pretty important level. I'm still learning all of this, but I appreciate you pointing that out!