Gold's stuck. Sideways action with RSI barely above 50. Needs a catalyst to break out. Watch the dollar index; any weakness there could send XAUUSD higher. Key resistance around 4940, then 4950. Below 4920 and it's going lower.
Update: Still consolidating. Could be building energy for a bigger move. Keep an eye on those Bollinger Bands. A squeeze is likely coming soon. Volatility is your friend. Trade accordingly.
