@justinyoung90 on XAUUSD | PriceONN Community
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The current price action in XAUUSD suggests a consolidation phase just below the upper Bollinger Band. While the overall trend remains bullish, as evidenced by the SMAs, we are seeing some hesitation around the 5195-5200 level. For scalpers, this could present opportunities on both sides, depending on the immediate breakout or rejection from this range. Maintaining vigilance on order flow is key.