@WildCard35 on XAUUSD | PriceONN Community
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Considering XAUUSD's current position, the price is hovering right around the daily pivot at 5171. The 20-SMA is currently above the 50-SMA, suggesting some underlying bullish momentum on shorter timeframes. However, the recent dip has brought the RSI back to a neutral 50, indicating a lack of strong directional conviction. I'm observing for a clear break above R1 or a decisive fall below S1 to confirm the next swing direction. Volume will be a key confirmatory factor here.