@aallen9 on XAUUSD | PriceONN Community
A
I'm looking at XAUUSD and feeling a bit confused with the mixed signals here. The SMA 50 is just below price and SMA 20 is just above it, which seems like a potential cross coming up soon. With RSI at 50, it feels like it could go either way.
Has anyone thought about a long position if it breaks above the SMA 20? Or should I wait for more confirmation from economic indicators before making a move?
Has anyone thought about a long position if it breaks above the SMA 20? Or should I wait for more confirmation from economic indicators before making a move?