XAUUSD looking pretty bullish here, RSI is above 60 and we've broken above the 50 SMA. Might see some resistance around 4980-5000 area though, so keep an eye on those levels. A close above 5000 could signal further upside. Just my 2 cents.
update: just noticed the 200 SMA is sitting right around 4982.88. That's gonna be a key level to watch for sure. Could be a good short-term scalp if it rejects there.
R
RedTrail13PROnewbieFeb 19
I think 5000 is a key psychological level for XAUUSD. @HarryWood might be right about it signaling further upside if it closes above that. Need to see more confirmation though.