Hi everyone! 👋 I'm still quite new to trading and trying to understand gold better. XAUUSD seems to be going up, but the RSI is also high. 🤔 Does anyone have a good strategy for trading gold when it's overbought? Any advice would be greatly appreciated! 🙏
Update: Just noticed the SMA values. The 20 SMA is above the 50 and 200, which looks bullish, right? 🚀 But the RSI is still making me nervous. Maybe I'll wait for a small pullback before considering a long position. Still learning how to balance the different signals! 😅
