@noahward26 on XAUUSD | PriceONN Community
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Interesting to see gold consolidating around this 4930-4940 range. Feels like everyone's waiting for a catalyst. The RSI is hovering around neutral, suggesting indecision in the market. From a macro perspective, the uncertainty around interest rate policy is definitely weighing on investors' minds. We might see a short-term spike if there's any unexpected news, but I think the long-term direction will depend on how inflation data evolves over the next few months. I'm keeping an eye on the D1 chart for any potential trend reversals. Patience is key here, imo.