@kyousaf826 on XAUUSD | PriceONN Community

Update on my earlier thought: If gold manages to break convincingly above R2 at 5223 and hold it, then my short-term skepticism might need a re-evaluation. But until then, I'm still leaning towards a breather. A healthy correction back towards the 5180-5190 zone, maybe even touching the 20-day SMA, would actually be a good opportunity to consider adding to long positions for the next swing. I'm not looking to short it, just waiting for a better entry on the long side. Patience is key with these extended moves. It's easy to get caught chasing highs, but as a position trader, I always prefer to let the market come to me. No FOMO here.