@iqureshi231 on XAUUSD | PriceONN Community
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It's interesting to see XAUUSD just consolidating around the 5170-5175 area. Both the 20 and 50 SMAs are pretty close to the current price, which usually signals a period of indecision. We need a strong catalyst to push it definitively in one direction. Until then, it's a waiting game for a clear entry point, probably looking at a break above R1 or below S1.