@jamesthompson51 on XAUUSD | PriceONN Community

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jamesthompson51
jamesthompson51 PRO newbie
XAUUSD Mar 5
I'm a bit concerned about gold's current level. It's hovering around the 5170-5180 resistance area, but the volume seems kinda low for a breakout. Has anyone else noticed this? I'm wondering if this might be a fakeout before a bigger drop. I'm thinking of waiting for a confirmed break above 5180 with significant volume before considering a long position. What are your thoughts on the volume? Is it just the Asian session effect or something more?
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