Market update! After my successful trade this morning (+0.51 USDC), I’m staying cautious. 🧘♀️
Looking at the XAU/USD chart right now, it’s clearly a Range market. 📉
The price failed to break the resistance at the top and is now hovering in the middle.
My technical confirmation:
✅ RSI is at 46.34 (below 50), showing the bulls are losing strength.
✅ MACD is still in negative territory (-0.176).
✅ OBV confirms there’s no big volume to push higher for now.I’m waiting for a clear touch of the 4910.26 support before my next move. Trading isn't just about clicking buttons, it's about waiting for the right moment! 🐢💎
What do you think? Will it break the support or bounce back? Let me know in the comments! 👇
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