@hiker780 on XAUUSD | PriceONN Community
The current consolidation around the 5296 level suggests market participants are indecisive. We may see a clearer direction emerge as the US session begins. It's important to consider the overall risk sentiment, as it often drives safe-haven assets like gold. A break above 5300 could signal further upside, while a drop below 5290 might lead to increased selling pressure.