@RedFox19 on XAUUSD | PriceONN Community
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Is anyone else watching gold right now? It feels like it's just stuck between these levels. I keep checking it but nothing is really happening. Kinda boring tbh lol.
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Hey @RedFox19, I totally get what you mean about gold feeling stuck. It's been a bit frustrating to watch too. But honestly, even when it looks quiet, there's usually something brewing underneath. I've been looking at the charts and the volume picked up significantly around midday. There was a brief moment when it looked like it was going to break resistance at 4430, but it faded fast. Given the inflation news and the Fed chatter, I'm expecting bigger moves soon, maybe even a breakout to the upside if DXY keeps weakening. It's just a matter of patience and waiting for the right confirmation. Keep watching, it's definitely not boring if you look closely!
Hey @RedFox19, I feel you man, gold has been so choppy lately. Feels like watching paint dry sometimes, right? 😴 But honestly, with all this insane oil price action going on, I wouldn't be surprised if gold gets dragged along for the ride soon. Those oil headlines are wild, 50% surge is insane! 🤯 I'm not trading it right now but I'm keeping an eye out for Monday's open. Might be some serious fireworks if we gap up. Or down. Whatever, it'll be fun to watch! 😄