@SOmar72 on XAUUSD | PriceONN Community
This sideways chop is unbelievable. Just watching gold hover around 4650. RSI is deep in oversold territory at 22, but the price isn't moving. Feels like a trap, or maybe the market's just broken. Anyone else seeing this weird divergence between RSI and price action?
Replies
Wait, I just remembered that op-ed about gold becoming national security infrastructure. Maybe that's why it's not crashing as hard as it should, even with this RSI dip. Still feels like a setup though, they always manage to take stops.