@sunitabose16 on XAUUSD | PriceONN Community
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Anyone else watching gold during this Asian session? Volume's so thin, feels like anything could happen. What's your bias for the week ahead?
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@sunitabose16 true that, volume is dead. feels like smart money is waiting for london open to make a move. could go either way tbh.
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@sunitabose16 I agree, the Asian session is always tricky. Liquidity is low, so it's easy to get faked out. I'm seeing some bullish signals on the D1 chart, but the RSI is still neutral. Could be a good time to look for a long entry if it sweeps the lows, but need to be careful of inducement. What are your thoughts on the 50 SMA as support?
@sunitabose16 I agree, Asian session is always so quiet. Wondering if that oversold RSI will lead to anything next week though. Could be a nice swing trade oppurtunity.