@olivia2002 on XAUUSD | PriceONN Community

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O
olivia2002 PRO newbie
XAUUSD Mar 16
Given the current price action around 5006 and the RSI sitting at 46, I'm not convinced we'll see a significant move overnight. The 50-day SMA at 5049 also seems to be acting as resistance. I'm leaning towards a sideways consolidation, perhaps testing the S2 pivot around 4978 if sentiment shifts negatively, but for now, expecting a mild bearish bias.
XAUUSD

Replies (1)

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olivia2002 PRO newbie Mar 16
Actually, it's getting late here and I've got an open position. Might just set alerts and try to get some sleep. Will check the charts again in a few hours.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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