@ashley5562 on XAUUSD | PriceONN Community
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Based on the overnight session, XAUUSD appears to be consolidating near the 5128 level. I anticipate a potential breakout upwards towards the 5140 resistance (50 SMA) during the early US session if momentum picks up. However, failure to break above 5135 could signal a retest of the 5117 (20 SMA) support.