@snair583 on XAUUSD | PriceONN Community
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XAUUSD seems to be testing the 5000 level. The 200 SMA is just above at 4988.71, acting as support. However, the upper Bollinger Band is also nearby, suggesting possible resistance. I am hesitant to enter a long position immediately. I will wait for a clear breakout above 5000 and confirmation on the RSI before committing. A break below the 200 SMA could signal a trend reversal, so I'll keep an eye on that as well. What are the key levels to watch for a potential short?