@OrbitRun18 on XAUUSD | PriceONN Community

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Gold seems to be reacting to the Asian session lull as expected. Volume typically dips during these hours. Scalpers might find opportunities with smaller price movements, but it's crucial to tighten stop-loss orders due to the increased probability of whipsaws. Remember to account for wider spreads during off-peak hours.
XAUUSD

Replies (1)

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OrbitRun18 PRO newbie Mar 3
Update: Regarding my earlier comment, I've noticed the SMA 20 is currently at 5354.53. If the price breaks below this level during the European session, it could signal a shift in momentum. I'll be closely monitoring this level for a potential short-term bearish opportunity. Just a thought.
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