@manish3715 - XAUUSD | PriceONN Topluluk
M
Good morning, everyone. Watching XAUUSD and feeling a bit confused about the general sentiment for position trading. The price is around 5175, and it feels like it's stuck between the 20 and 50 SMAs.
For someone like me who prefers longer-term holds, this neutral phase is tough to navigate. I see some support around 5150-5140 from the Bollinger band lower and the 50 SMA. Are most people waiting for a clear break above 5200 or below 5140 before making any big moves? Or is there a strategy to trade these tight ranges for position traders? Just trying to figure out the general vibe tbh.
For someone like me who prefers longer-term holds, this neutral phase is tough to navigate. I see some support around 5150-5140 from the Bollinger band lower and the 50 SMA. Are most people waiting for a clear break above 5200 or below 5140 before making any big moves? Or is there a strategy to trade these tight ranges for position traders? Just trying to figure out the general vibe tbh.