XAUUSD is looking quite bullish today, isn't it? With the price above all the SMAs, it seems like a good sign. I'm still new to this, so I'm a bit nervous about jumping in. Is the RSI getting too high though? Should I wait for a dip before considering a buy?
Update: I'm thinking maybe waiting for a pullback to the 50 SMA might be safer? It's around 5051.45. The RSI is kinda high, so maybe it will come down a bit. Also, what timeframe are you all looking at? I'm mostly on H4 charts for swing trades, but maybe I should check the D1 as well?
