Waiting for a definitive Move Around $5000Gold / U.S. DollarFOREXCOM:XAUUSDdavidscuttGold is sitting right on the key $5000 pivot and the signals are largely neutral. RSI (14) and MACD offer no clear bias, while despite looking a little heavy, the price remains within a broader structural uptrend and continues to hold above the rising 50 and 200-day moving averages. The recent probe beneath $5000 didn’t last long, but the bounce that followed looked more like a doji than a decisive rejection candle, suggesting conviction remains limited. There may also be reluctance among bears to test the 50DMA given the geopolitical backdrop and the memory of the last break beneath it, which produced a powerful rebound. For now, $5000 looks like the level to build setups around. Another rejection beneath the level would help build confidence that we’ve seen a near-term bottom, allowing for longs to be set above with a stop below, targeting the top of the recent sideways range above $5200. But if price were to close beneath the 50DMA, it would open the door for shorts to be set with a stop above $5000 for protection, targeting $4842, the low set on February 17. Good luck! DS