XAUUSD is really stuck in this neutral zone right now which makes it tricky for bigger moves. as a scalper i'm looking at the 20 SMA around 5188 as a potential short entry if it gets rejected there. RSI is still bearish so that aligns. but gotta be super cautious with tight SLs.
update on that: if it actually breaks above the 20 SMA then my short idea is off the table. could see it try for the pivot point around 5200 then. always gotta adapt right? this market can be unforgiving if you're not careful.