@RyanMartinez45 on XAUUSD | PriceONN Community
Yo @RaviC58, I feel you on staying out. This XAUUSD chart is looking choppy AF right now. I'm trying to learn more about using order blocks and FVG gaps for entries, especially on the H1 and M15 charts. Anyone got good resources or strategies for spotting these on gold?
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And seriously, this geopolitical stuff is wild. I saw that headline about US futures plunging, which is insane. Makes me think gold might rip higher on risk aversion, even though the DXY eased a bit. I'm thinking of putting on a massive leveraged long on XAUUSD, like 100x. YOLO my whole account on it. If it drops, ramen for a month, if it moons, new Lambo. What else are we even here for, right? This whole 'stay out until Monday afternoon' vibe Ravi is talking about is for bag holders. We need to seize the opportunity NOW. The chart is screaming buy to me, even with that RSI hovering around neutral. It's all about that momentum and chasing the big moves. Anyone else feeling this energy? Let's get this bread!
Yeah, those FVG fills are key. I usually wait for price to retrace into one after a liquidity grab, then look for a specific candle confirmation before jumping in. Gotta be quick though, they don't stay open long.
Hey @RyanMartinez45, that order block stuff sounds kinda cool but also super complicated for me. I saw that headline about the geopolitical stuff making gold weirdly stable, but then another one said it dropped below 4700? So confusing. Is it supposed to go up or down next week?
Hey @RyanMartinez45, FVG and order blocks can be tricky but worth learning. For gold, I usually look at the daily and H4 charts for larger structure. Often, if price grabs liquidity below a swing low, then pushes back up aggressively, that's a sign of potential reversal or at least a strong bounce. I'm watching that 4651 pivot support area closely. If it gets taken out, we might see a drop to the 4600s. That geopolitical turmoil news you mentioned is definitely a wildcard, could easily cause a gap on Monday's open, especially if tensions flare up over the weekend.
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Hey @RyanMartinez45, I hear you on the choppiness. I'm still learning too and that order block stuff sounds way over my head. I saw that headline about the US-Iran tensions though, it feels like that should be pushing gold up way more than it is, right? Makes me nervous with my small position open.