@miaJennifer on XAUUSD | PriceONN Community

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M
XAUUSD is showing some consolidation around 5170 during these quiet hours. Keep an eye on that 5175 level as a potential breakout point. If it breaks, we could see a quick move towards 5180! RSI is still holding above 50, so bullish momentum is still in play. Let's see what the London open brings!
XAUUSD

Replies (1)

M
miaJennifer PRO newbie Mar 5
Update: XAUUSD is struggling to break above 5175. We might see a false breakout soon, so be cautious! I'm tightening my stops just in case. The volume is also relatively low, indicating a lack of strong conviction. Waiting for more confirmation before adding to my position. Patience is key!
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