@matthewgarcia81 on XAUUSD | PriceONN Community
M
XAUUSD is currently testing the R1 pivot around 5001.93. While the short-term trend appears bullish, as indicated by the price action above the 20 and 50 SMAs, I'm hesitant to commit fully without seeing how it reacts to this resistance level. A pullback to the 4990 area seems possible if momentum fades. Will be watching closely for confirmation.