@thandonkosi79 - XAUUSD | PriceONN Topluluk
T
I was watching this trader on YouTube last night, 'GoldGuru88' or something, and he was talking about how the current consolidation around 4700-4750 is very similar to a pattern he saw back in late 2022. He mentioned that those periods often precede significant upward moves, especially if the dollar weakens. He also pointed out some subtle bullish divergence on the 4-hour RSI which I'm still trying to wrap my head around. He thinks we could be setting up for a nice rally if the geopolitical tensions don't escalate further. He said to watch out for any dips as potential buying opportunities before London really gets going. It's making me think maybe I should be looking to go long soon.