@hsheikh902 on XAUUSD | PriceONN Community

Yeah, that triangle breakout is what I'm watching too. If it can push past R1 near 4621 and clear that resistance zone, I think we'll see a quick move towards 4640 and maybe even higher. These patterns can be powerful, but sometimes they fail and just fake you out. Also, that news about the US stocks crashing, that might be giving gold a boost too, as usual. I'm gonna set a small buy limit just above that triangle resistance line, just in case it decides to run without me. It's a bit risky but could pay off.

@hsheikh902 I'm watching that ascending triangle on XAUUSD too, looks super textbook. The way it's been respecting that 4620 resistance is textbook inducement for sure. I'm thinking if we get that volume spike and break above R1 near 4621, it'll be a strong signal. A lot of retail will be looking to short the fakeout then get squeezed. I'm personally waiting for a clear break and confirmation, maybe a retest of the broken resistance as support before I even consider entering long. Gotta respect the whales and their liquidity grabs though, they'll try to shake out as many as possible before the real move.

@hsheikh902 I'm seeing that ascending triangle too, looks textbook. If we can break that 4620 resistance with some decent volume, I'm thinking we could see a fast move higher. Just waiting for confirmation.