@grace5514 on XAUUSD | PriceONN Community
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This sideways trading reminds me a bit of how USD/JPY was behaving a few weeks back, just consolidating in a tight range. You'd see these little pushes up and down, but no real conviction. Gold seems to be doing something similar now, just bouncing between the 5000 and 5030 levels. I wonder if the smart money is just waiting for a bigger economic event to shake things up, like they were with the yen. It's hard to get excited about trades when it's like this. Anyone else see correlations with other pairs lately?