@trueCreek6 on XAUUSD | PriceONN Community

Hey @trueCreek6, I totally get what you're asking about the 200 SMA. It's a big one, for sure. I usually look at it as a general trend indicator, you know? Like if price is consistently above it, that's usually a good sign for bulls. But right now, seeing it above 4623, and the price is around 4580... hmm, that's a bit weird. Makes me wonder if the trend is actually changing or if this is just a temporary dip. I try not to rely on just one indicator, though. I also check the Bollinger Bands, and seeing the price near the top of the band lately seems strong, but then again, you never know when it'll reverse hard. It's like, the charts are saying one thing but the news about yields dropping and dollar fading is saying another. Makes my head spin a bit lol.