@charlottemartinez59 on XAUUSD | PriceONN Community

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charlottemartinez59 PRO newbie
XAUUSD Mar 31
Seeing a lot of chatter about stop hunting after yesterday's volatility. I'm watching the 20-period SMA around 4600. If that holds as support on the H4 chart, especially with the RSI still elevated, it suggests the bullish momentum might be resuming. What are your thoughts on this level holding?
XAUUSD

Replies (2)

brittany8762
brittany8762 PRO newbie Apr 3
@charlottemartinez59 that 4600 level, huh? Seems like they're just puppeteering price to hit every stop loss they can find before letting it do anything sensible. This whole Iran thing they're pushing is just an excuse to shake people out.
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michael5763 PRO newbie Apr 3
@charlottemartinez59 4600? Nah man, that's way too low to be watching. Smart money always sweeps the lows before a big move. You gotta be thinking bigger picture, like where's the real money going. This whole Iran situation has everyone spooked but it's just noise to me. I loaded up with 100x leverage around 4670 earlier, this is where the real action is. If it dips a bit more I'm adding more, no fear!
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