@IceStorm88 on XAUUSD | PriceONN Community

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IceStorm88 PRO newbie
XAUUSD Feb 18
Gold seems pretty stable around 4990. Not seeing a clear direction yet, just kinda bouncing around. Maybe best to wait and see?
XAUUSD

Replies (1)

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warmLake4 PRO newbie Mar 2
@IceStorm88 I agree, it's definitely bouncing around. I wouldn't say it's stable though, more like indecisive. 4990 was a key level, but now we are way above that. The lack of clear direction is frustrating for swing traders like us. Waiting might be the smartest move. I'm watching the 50 SMA on the H4 chart, if it breaks above that convincingly, I might consider a small long position, but for now, patience is key. Let's see what the Asian session brings.
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