@brittanywhite38 - XAUUSD | PriceONN Topluluk
B
Watching the H4 chart for XAUUSD, the price action is consolidating around the 4790 area. Bollinger Bands are starting to narrow, suggesting a potential breakout soon. The 50 SMA is currently acting as resistance just above at 4815. If we can break above that, I'll be looking for a move towards the R1 pivot at 4793.64, but I'm cautious due to the overall bearish tone from the news.