@VoltEdge24 on XAUUSD | PriceONN Community
Okay, so XAUUSD is hovering around 5180. The 20-day SMA at 5158 and 50-day at 5170 are both below current price, which is bullish. But that R1 pivot at 5196 is a strong resistance point. What are your thoughts on a potential breakout past 5200? Or is this just a fakeout before a retreat? Sometimes gold acts like it has commitment issues lol.