@melissa8807 on XAUUSD | PriceONN Community
M
I'm cautiously optimistic about XAUUSD in the short term. The price is hovering around the 50-day SMA, which could act as a support. If it manages to break above the 200-day SMA, which is currently acting as a resistance around 5202, we could see further upward movement. However, I'll be monitoring the RSI closely, as it's nearing overbought levels.