@dalBrandon on XAUUSD | PriceONN Community
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Watching XAUUSD here. We've seen a bearish engulfing candle form on the H4 chart just now. This is often a signal of a trend reversal, especially after that recent push higher. I'm looking at the 50 SMA at 4686 as the first resistance level to watch. If price fails to break above that, we could see a solid move down.