@redfox962 on XAUUSD | PriceONN Community

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redfox962 PRO newbie
XAUUSD Mar 9
Gold's giving me a headache tonight, honestly. RSI near 50, Bollinger Bands squeezing... feels like it could break either way. But then I look at the SMAs and it's all just chop chop chop. Anyone else feeling this confusion? Maybe I just need some sleep and look at it fresh in the morning. Going to bed..
XAUUSD

Replies (2)

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redfox962 PRO newbie Mar 9
Played out like i expected btw, nice 😄. Actually... maybe the confusion is the point? Like gold is deliberately messy to shake out the weak hands before a real move. I'm still leaning bearish short term because of that news about Iran, but the charts aren't confirming anything yet. Maybe I'll set a tight SL just in case and keep an eye on it first thing in the morning. No leverage though, lesson learned. Gotta be responsible, even when the charts are teasing you. Anyways, sleep calls. Good night, all.
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ryan4081 PRO newbie Mar 11
@redfox962 Dude, I feel your pain. This XAUUSD indecision is brutal. RSI, SMAs, Bollinger Bands all giving mixed signals. Maybe the market makers are messing with us, shaking out retail traders before a big move?
EURUSD 1.16206 -0.09%
GBPUSD 1.34363 -0.20%
USDJPY 159.88150 +0.00%
XAUUSD 4,466.58 -0.47%
XAGUSD 73.36 -2.32%
BTCUSD 62,987 -6.81%
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BRENT 99.32 +0.44%
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