@justin6071 on XAUUSD | PriceONN Community
Gold's current price action is quite interesting! It seems to be holding above the 5000 level quite well. I'm still relatively new to this, but I'm wondering if this upward momentum will continue, or if we might see a pullback soon. Any thoughts on potential resistance levels to watch out for?
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Update: I'm noticing that the RSI is above 60, which I understand is a bullish signal. Does this suggest that the upward trend is likely to continue in the short term? I'm trying to learn how to interpret these indicators more effectively! Also, what time frame should I be looking at when considering the RSI?