@ameliawalker33 on XAUUSD | PriceONN Community

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A
Sydney session is dead quiet. Watching the news about oil and geopolitical tensions, but XAUUSD is barely moving. Feels like we're just range-bound between the Bollinger bands, waiting for London to wake up. No clear direction yet, just choppy action around 5002.
XAUUSD

Replies (2)

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ameliawalker33 PRO newbie Mar 17
Yeah, that FVG is still there. Might be worth keeping an eye on if we sweep the lows again. But honestly, I'm too tired to actively trade this chop. Going to bed.
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abimbolaogunleye72 PRO newbie Mar 20
Yeah @ameliawalker33, this chop is a killer for daytraders. I'm watching the 4550 area right now, it's testing the S2 pivot and also coincides with a very old order block from last year. If we can hold this level and maybe see some bullish divergence on the 15-min RSI, I might consider a small long scalp targeting that FVG you mentioned. Otherwise, it's just noise and better to stay out until London or NY really gives us a clear direction. Stay patient.
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