@wking574 on XAUUSD | PriceONN Community

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W
Honestly, watching these charts all night is a joke. Just saw some random dude on YouTube talking about a 'golden cross' on the hourly, utterly clueless. Probably just algorithms spoofing price to catch stragglers before the next leg down. This whole market is one big manipulation.
XAUUSD

Replies (1)

N
ngozi3724 PRO newbie Mar 30
@wking574 I understand your frustration with the noise on social media, but you have to sift through it. That 'golden cross' on the hourly is indeed irrelevant for serious analysis, especially in this kind of volatile market we're seeing now with the Iran tensions escalating and impacting European inflation. Forget YouTube gurus. Focus on the daily and H4 charts. I'm watching the 200 SMA on D1 around 4545. If we can break and hold above that with conviction, then we might see a real move up. Otherwise, it's just more chop between the daily pivots and the Bollinger Bands, likely heading back towards the S2 at 4482 if the dollar strength narrative continues. Don't let manipulators get you; stick to your own validated setups.
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