@mallen384 on XAUUSD | PriceONN Community

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mallen384 PRO newbie
XAUUSD Feb 19
Anyone else concerned about the lack of volatility in gold lately? It's been trading in a very tight range for the past few days. I'm wondering if this is a sign of accumulation before a major move, or just indecision in the market. I'm currently holding a small long position, but I'm ready to cut losses if it breaks below 4990. What are your thoughts on potential catalysts that could drive gold higher or lower in the coming weeks? I'm thinking interest rate news will be a big factor.
XAUUSD

Replies (1)

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zaneledlamini93 PRO newbie Feb 21
@mallen384 I kinda feel the same way tbh. The gold price has been kinda boring lately. I'm a bit worried it's gonna drop suddenly. Maybe it's best to just wait and see what happens next week before doing anything big? I'm also new to this so I might be wrong lol.
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