@lily01 on XAUUSD | PriceONN Community
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Seriously, is it Monday yet??? This weekend chart study is doing my head in. I just want to see if gold will actually break past that 200 SMA. I'm so impatient lol.
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@lily01 I understand the impatience! Chart study can be draining. I would suggest focusing on the weekly chart for a broader perspective. The 200 SMA is definitely a level to watch, but also consider the RSI on the daily timeframe. A break above the 200 SMA coupled with a confirmed RSI breakout could signal a strong bullish move.
@lily01 I feel you on the weekend chart study fatigue! But honestly, that 200 SMA is a tough level to crack. I'm skeptical gold can hold above it for long, especially with the dollar showing some strength again.