@sharris108 on XAUUSD | PriceONN Community
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I remember a similar setup back in Q3 of last year. We had this choppy neutral phase, RSI hovering around 50, and then a sudden geopolitical event triggered a sharp move. The price action then was very similar to what we're seeing now, with that quick drop and then a struggle to regain ground. It eventually broke lower after a few days of indecision. I'm watching the 200 SMA here, it's a key level for me.