@sadiq2979 on XAUUSD | PriceONN Community

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S
Gold is just chilling around that 4506 level. RSI is flatlining too. Feels like it's just waiting for something to happen.
XAUUSD

Replies (1)

clearskies610
clearskies610 PRO newbie Apr 2
Hey @sadiq2979, I hear ya man. 'Chilling' is one word for it, 'consolidation before the next leg up' is another. You see that RSI hanging around 65? That's not flatlining, that's holding steady in bullish territory, just waiting for a catalyst. We've seen this pattern before – quiet Asian session, then BAM, news hits or some liquidity grab happens and it rips. Don't fall asleep on it just because it's not making huge moves right now. The big boys are definitely positioning for something. I've got my eye on that 4800 level, feels like it's coming sooner rather than later.
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