@olivia2002 on XAUUSD | PriceONN Community
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Given the current price action around 5006 and the RSI sitting at 46, I'm not convinced we'll see a significant move overnight. The 50-day SMA at 5049 also seems to be acting as resistance. I'm leaning towards a sideways consolidation, perhaps testing the S2 pivot around 4978 if sentiment shifts negatively, but for now, expecting a mild bearish bias.