@tidepool651 on XAUUSD | PriceONN Community
Watching XAUUSD chop around this 4640 area. SMAs are still above price, leaning bearish on the daily, but RSI is sitting neutral. Anyone else seeing potential for a liquidity grab below S2 before any significant move?
Replies
Yeah, that 4632 S2 level looks like a prime target for stops. If we see price dip below it and wick back up quickly, I might consider a short-term long. But still cautious with this sideways action.
F
Hey @tidepool651, I'm new to this but it feels like it's just going sideways. My broker said don't catch a falling knife, so I'm just watching. Scary stuff!