@MidnightRun19 on XAUUSD | PriceONN Community
XAUUSD is looking pretty range-bound right now. RSI is neutral, price is hovering around the 20 and 50 SMAs. Not seeing a strong conviction either way for a breakout yet. Feels like sideways action until we get a clearer signal. My algo is just watching.
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Update: Still holding that view. Price bounced slightly off the 50 SMA but didn't push through 5180. The Bollinger bands are pretty tight too, suggesting low volatility. Need a decisive move above 5190 or below 5160 to confirm a direction. Otherwise, just noise for my bots.