@msibiya366 on XAUUSD | PriceONN Community
Guys, I'm a bit confused about the 5100 level. It seems to be acting like both support and resistance at different times. Anyone else notice this? Is this a strong level to watch for XAUUSD? I'm trying to understand how to trade around these levels better. Also, does anyone use fibonacci retracements on gold? I'm wondering if that could help me figure out potential entry points. I'm thinking of going long if it bounces off 5100 again, but I'm scared it might break down this time. Any advice?