@WarmFern38 on XAUUSD | PriceONN Community
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Observing the XAUUSD chart, I noticed a Doji candlestick pattern forming on the H4 timeframe earlier today. This often signals indecision in the market, potentially marking a turning point after the recent bearish momentum. We are currently trading below the 20 and 50 SMAs, which aligns with the bearish bias, but this Doji could indicate a pause or even a reversal if confirmed by subsequent price action. I'll be looking for a bullish candle to close above the 4661 level to consider any upward movement.