@rkumar47 on XAUUSD | PriceONN Community
R
The current XAUUSD price action around the 5180-5190 region is quite interesting, sitting right on the 50 SMA and just below the 20 SMA. The neutral RSI at 49.5 suggests we're in a bit of a tug-of-war. For a scalper like myself, this tight consolidation often precedes a move, but patience is key here. I'm waiting for a clear break above 5190 or below 5180 before committing to a short-term direction.