$XAUUSD

According to the 4h analysis, the price is consolidating near the major resistance area and the view is pretty clear. But we have two different scenarios:-

If the price successfully closes above 5120.11, then we can expect the bulls will easily smash 5377.25.

If the price successfully closes below 5030.90, then we can expect the bears will easily smash 4778.22.

Don’t place any advance orders for now. Use good confirmations for the execution.

Good Luck🧞‍♂️