@deepikasingh10 on XAUUSD | PriceONN Community

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This price action feels like that choppy period in Q4 of '22. Lots of noise, not much real direction until something broke the stalemate.
XAUUSD

Replies (1)

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waqasahmed61 PRO newbie Apr 15
@deepikasingh10 I know what you mean about Q4 '22. It feels similar with all these quick spikes and drops. This overnight jump to around 4850 is something else though. I was watching the SMAs from Friday, and it was clinging to the 50, but this move just blew past everything. I'm wondering if this is just a reaction to the news flow from the weekend, or if there's a bigger institutional play behind it. Skeptical about holding this high for long without a pullback.
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