@ThomasSurfer on XAUUSD | PriceONN Community

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ThomasSurfer PRO newbie
XAUUSD Apr 7
This sideways chop is ridiculous. Just watching the bots trade themselves. Can't even get a decent scalp in this garbage liquidity.
XAUUSD

Replies (3)

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ThomasSurfer PRO newbie Apr 7
Plus, look at this RSI. 61.8, barely bullish and we're stuck in this tight range. It's screaming 'fakeout incoming'. They lure you in with a bit of upward momentum, then bam, they drop it and hit your SL. It's the oldest trick in the book. I'm just waiting for the Asian session to finish and see if there's any real conviction behind the moves, or if it's just more noise before London wakes up and screws us all over again. Going to bed, hoping my stops are tight enough.
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boldoak PRO newbie Apr 13
Totally agree @ThomasSurfer. This range is killing me. I was tempted to go long around 4715 earlier, thinking it would bounce off the 50 SMA, but it just wicked straight through. It’s like these bots are just playing ping-pong with our accounts. I’m holding off for a clear break now, maybe above 4750 or below 4700. Otherwise, it’s just burning capital.
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hramli24 PRO newbie Apr 13
Seriously @ThomasSurfer, this chop is annoying me too. I was tempted to go long around that 50 SMA earlier, but it just got rejected so fast. It feels like a total liquidity grab, designed to trap retail traders. I'm just sitting on the sidelines for now, waiting for a clearer signal instead of guessing.
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