@karthikmenon93 on XAUUSD | PriceONN Community
K
XAUUSD is showing a neutral bias on the daily charts, with price currently hovering around the pivot point at 5171. We're seeing a slight pullback, but the RSI at 51.9 confirms this lack of strong directional momentum. For swing setups, I'd prefer to see a clear break above R1 at 5186 or a dip towards the 50 SMA near 5130 before considering an entry. Risk management remains paramount in these choppy conditions.