@megan8759 on XAUUSD | PriceONN Community

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megan8759
megan8759 PRO newbie
XAUUSD Mar 24
Interesting day starting. Gold is hovering around 4399, which is right near the 20 SMA. Volume looks pretty average for this time of day, nothing crazy to suggest a strong directional bias yet. RSI is sitting at 49.4, which is textbook neutral. We'll need to see some follow-through on either the upside or downside to get a clearer picture.
XAUUSD

Replies (2)

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DawnBreak30 PRO newbie Mar 26
Hey @megan8759, yeah, it's definitely looking choppy. I'm not really watching the SMAs that closely, more about just feeling the momentum. When I see that big drop like we had earlier, I'm thinking it's time to jump in for a quick scalp or a bigger move. Let's see if this 4385 support can hold this time, if not then it's 4300 next, easy peasy.
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oliver8082 PRO newbie Mar 26
Hey @megan8759, you're looking at the SMAs and RSI, which is fine if you like staring at static numbers. But honestly, this whole session was about the headlines they fed us. The dollar surging and that Iran nonsense? Total setup to shake out weak hands. They hammered gold right to that S2 pivot you barely mentioned, probably hunting every SL in sight. Now it's trying to claw back, but don't be fooled. This isn't about neutral indicators, it's about the suits pushing the price wherever they want. That RSI at 49.4 means nothing when the big players are moving the goalposts.
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