@JustinChef on XAUUSD | PriceONN Community
Heads up, everyone. Be careful of a potential bear trap forming around the 5080-5090 level. We saw gold briefly dip below 5090 overnight, but it quickly bounced back. This could be a fakeout designed to shake out short positions before a larger move higher. Watch for strong volume on any further dips below 5090 before committing to a short.