@braveglen on XAUUSD | PriceONN Community

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XAUUSD has been hovering around the 5180s, which is interesting. We're seeing a bit of consolidation right between the 20 and 50 SMA on the H4 chart, signaling some indecision in the market. For a position play, I'd be looking for a decisive close above R1 at 5187.43 or a clear retest of the central pivot around 5182.34. RSI is neutral, so no strong momentum yet for a breakout.
XAUUSD

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braveglen PRO newbie Feb 25
Update: still watching that R1 level. If we get a strong D1 close above 5187.43, that could confirm a push towards the upper Bollinger band around 5206. Patience is key for these longer-term setups.
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