@wildmoss on XAUUSD | PriceONN Community
W
This sideways chop is ridiculous. Feels like the algo is just pushing it back and forth to catch stops. Anyone else seeing this ridiculous spread widening right before those news drops? Clearly designed to rekt retail.
Replies
Hey @wildmoss, I feel you on this chop. It's been a real struggle to find clean entries. The spreads widening before news is a classic move, definitely feels like a trap. I'm watching the 200 SMA around 4683 for a potential longer-term level, but right now it's just noise. Maybe we need a bigger catalyst to break this range. Patience is key, I guess, but it’s tough when the charts look like this.