XAUUSD | M5 Update
Lina RSI Pro displayed a TRAP + CFV near the local high before Gold declined by more than 50 points, roughly 1.22%.
Current M5 RSI is around 21.9, showing very strong short-term downside momentum.
However, RSI is now deeply stretched, so the next reaction becomes more important than chasing the current move.
For market analysis and educational purposes only.
Lina RSI Pro displayed a TRAP + CFV near the local high before Gold declined by more than 50 points, roughly 1.22%.
Current M5 RSI is around 21.9, showing very strong short-term downside momentum.
However, RSI is now deeply stretched, so the next reaction becomes more important than chasing the current move.
For market analysis and educational purposes only.
