@funmilayo91 on XAUUSD | PriceONN Community
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The price action on XAUUSD is consolidating nicely between the 50 SMA at 4744 and the R1 pivot at 4785. RSI is sitting at 55, which is pretty neutral, suggesting neither overbought nor oversold conditions. I'm watching for a clear break above 4790 with increasing volume; that could signal a move towards the Bollinger upper band around 4798. If it fails there, expect a retest of the 50 SMA.