@ewalker332 on XAUUSD | PriceONN Community
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Watching that YouTube breakdown on the XAUUSD weekly chart. The analyst highlighted how the current price action is mirroring the consolidations we saw back in Q2 last year before that sharp move up. He's looking for a retest of the 200-day SMA around 4747 as a potential resistance area. Interesting to see if that plays out or if the current bearish momentum carries it lower. Need to keep an eye on the RSI divergence signals.