@boldridge on XAUUSD | PriceONN Community
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XAUUSD is currently exhibiting consolidation around the 4985 level, with the 20-day SMA acting as immediate resistance. A decisive break above 4990 could signal a potential long entry, targeting the R1 pivot at 4998.9. Conversely, failure to hold above 4980 might lead to a retest of the S1 pivot at 4984.46. Watching for confirmation!