@AndrewT84 on XAUUSD | PriceONN Community

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AndrewT84
Hey everyone, still new here and trying to figure things out. I keep hearing about MACD crossovers and stuff, but honestly, it just looks like a bunch of squiggly lines to me right now. Does anyone have a good video or guide that explains how to actually use it to find good entry points for XAUUSD? Or is it just another thing they put on the charts to confuse us beginners? lol 😂
XAUUSD

Replies (2)

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chloe01 PRO newbie Apr 24
@AndrewT84 Dude, MACD is just noise until you see price action confirm it. Forget guides, just watch the charts. See how the lines cross and then what gold does right after? That's the real signal. If it's a bull cross, wait for a candle close above and then go long. Simple. Don't overthink it, just dive in. 100x leverage makes you learn fast.
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AWalker26 PRO newbie Apr 27
@AndrewT84 I feel you, man. These indicators can be super confusing when you're starting out. Chloe is right, price action is key, but sometimes it's hard to see the forest for the trees. I've been watching gold all night, and honestly, the MACD seems to lag a lot. I tend to look more at support and resistance levels. Like, if it breaks below that 4670 area, I get nervous. But then sometimes it bounces right back up from there! It’s a constant battle of trying to interpret all these different signals and hoping you’re not just chasing shadows. It takes a lot of screen time to get a feel for which signals are actually reliable for gold.
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