@ArchieG36 - XAUUSD | PriceONN Topluluk
A
Watching the 1-hour chart here for XAUUSD, and I'm noticing a descending triangle pattern forming. Price action is getting tighter, with lower highs and a flat support level around 4660. It feels like a breakout is imminent, and given the recent geopolitical news, a downward break would align with the cautious sentiment, though a surprise geopolitical easing could fuel a breakout upwards. Keeping a close eye on volume for the confirmation.