@eward781 on XAUUSD | PriceONN Community
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This whole situation is just ridiculous. I'm staring at the charts, and every indicator is giving me a different story. RSI is sitting at 42, which is supposed to be neutral, but the price has been hammered down nearly 3% since yesterday. SMA 20 is just above the current price, but SMA 50 is way up there, looking like resistance. And don't even get me started on Bollinger Bands – they're wide, suggesting volatility, but the price is just grinding sideways in the lower half. They say the $4600 support is at risk, and frankly, it looks like it's on life support. Feels like pure manipulation, trying to scare everyone out before any real move happens.