@boldridge on XAUUSD | PriceONN Community
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XAUUSD is poised for a move! We're currently consolidating just above the daily pivot at 5179.89, with R1 at 5189.88 presenting immediate resistance. The 20 and 50 SMAs are tightly converged, signalling a potential breakout. I'm keen to see a decisive push past R1, ideally with strong volume, targeting R2 at 5204.89. This could offer some excellent short-term opportunities for daytraders!