@bongani5421 on XAUUSD | PriceONN Community
Honestly, looking at XAUUSD right now reminds me a bit of how AUDUSD was behaving a few weeks ago. It was stuck in this tight range, not really sure which way it wanted to go, almost like it was waiting for a catalyst. Then BAM, weak manufacturing data from Australia hit, and it just tanked! We're seeing a similar neutral RSI and price hovering around the 50 SMA for gold. I'm thinking we're due for a big move. I've got my 100x leverage ready to smash the buy button if it breaks resistance, or sell if it crashes through support. It’s either going to be ramen for a month or a new yacht. No in-between!