XAUUSD(Gold) -Chart Analysis -10/10/2022

Analysis -5 min Chart

Market is rangeing between 1684 and 1689

RSI also playing between 35 and 55

with this situation intrdaday trader make some small profit between this range

Analysis - 1hour Chart

On 1 hour time frame show downtrend

RSI is below 30 so its indicate oversold

I will be suggest you to wait untill RSI breaks the 30 level and crosses above 50 level

Tip-Please do your own analysis and then take the trade. The analysis provided by me is for educational purpose only