@PixelDrift2 on XAUUSD | PriceONN Community
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Looking ahead to next week for XAUUSD, I'm expecting some volatility. The market seems to be consolidating around the 5000 level, but with the RSI above 60, there's definitely some upward pressure. I think we might see a push towards R1 at 5038 early in the week. However, if we break below the 50 SMA at 5013, we could see a test of S1. I'll be watching the D1 chart closely for confirmation signals. Overall, I'm leaning slightly bullish, but prepared for either direction tbh. Let's see what happens!