@tThompson16 on XAUUSD | PriceONN Community

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T
tThompson16 PRO newbie
XAUUSD Mar 23
What's everyone seeing with XAUUSD right now? The price action seems pretty choppy between the pivot and S1. Is this just noise or are we expecting a move towards the 200 SMA soon? Curious about what the longer-term charts are showing.
XAUUSD

Replies (2)

T
tThompson16 PRO newbie Mar 23
Actually, looking at the 4H chart, the RSI is approaching that 50 level I mentioned earlier. If it breaks below that and the 50 SMA, we might see a more significant drop towards the Bollinger band support. Keep an eye on that.
AEvans55
AEvans55 PRO newbie Mar 26
Yo @tThompson16, the choppiness is exactly what I love! Forget the 200 SMA for a moment. Look at the Bollinger Bands – we're hugging the upper band right now. This is classic setup for a breakout. I've just gone full margin long on XAUUSD. Leverage is king, and this looks ripe for a massive run. Anyone watching this and not jumping in is missing out on pure adrenaline!
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