@hsheikh902 on XAUUSD | PriceONN Community
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I've been staring at this chart for hours trying to see a pattern. It looks like a bit of a falling wedge forming on the H4 chart, which usually signals a bullish reversal. The price action has been consolidating, bouncing between around 4830 and 4850. I'm watching for a clear breakout above the upper trendline. If it breaks that resistance with good volume, I might consider a long entry. Just hoping it's not another dead cat bounce before a bigger drop. Need to see conviction.