@noahwright73 on XAUUSD | PriceONN Community
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Watching the overnight session for XAUUSD has been rather uninspiring, to say the least. The price action is stuck between the S1 pivot at 4661.75 and the lower Bollinger Band at 4582.44. I'm looking to scale into a short position if we see a rejection at the 20 SMA, currently around 4645. My entry would be around 4640, with a tight stop just above it, anticipating a move back towards the 4600 handle. This is contingent on low liquidity not causing a false breakout.