@cwright73 on XAUUSD | PriceONN Community
C
Watching this 5000 level on XAUUSD closely. We saw a couple of those hammer candles on the 15m chart a little while ago, suggesting some buying pressure was trying to push back. But then it just faded. Now we’re seeing a bit of a bearish engulfing pattern on the 5m. It’s like a tug-of-war between buyers and sellers right now.