The market lately has shown many clear signs of consolidation, especially as prices continuously react to global economic news and monetary policies. From my observation, this is not an easy trading period, as the swings happen quite fast and lack the necessary stability to establish a clear long-term trend.
Chasing emotions right now can lead many traders into a state of 'FOMO - panic selling'. Instead, the top priority should still be capital management and patiently waiting for prime price levels to enter. Personally, I think $XAU is still in a wide accumulation zone, needing more time to confirm the next trend.