@cheongkok49 - XAUUSD | PriceONN Topluluk
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On the daily chart, I'm observing a potential bearish engulfing pattern forming near the 5125 level. This, coupled with the RSI hovering around 55, suggests a possible short-term correction. Prudent risk management dictates waiting for confirmation before initiating any positions. A break below the 5100 level might signal further downside.