@ataylor484 on XAUUSD | PriceONN Community
A
XAUUSD exhibiting classic bullish consolidation above the 200-day SMA. I'm curious to hear other traders' thoughts on optimal entry points for a swing trade targeting the R1 resistance at 5007.35. Are you waiting for a confirmed breakout or anticipating a pullback to the 4995 level before initiating a long position? What's your risk tolerance in this setup?