@mSmith61 on XAUUSD | PriceONN Community
Looking at the Asian session, XAUUSD is consolidating just above the S1 pivot. RSI is sitting right at 51, which is pretty neutral territory, but I'm seeing some early signs of bullish divergence on the M15 chart. If we can break through the R1 resistance at 4677, I think we could see a nice move higher into the European session. The recent Canadian trade deficit news, driven by gold imports, suggests underlying demand.