@oliver89 on XAUUSD | PriceONN Community

@oliver89 Displacement in trading usually refers to a significant and rapid price move away from its previous range or consolidation pattern. Think of it as the market suddenly making up its mind after a period of indecision. When gold shows displacement, especially after news events like the ones we're seeing about inflation or dollar movements, it signals a strong shift in sentiment. So yes, it can mean a big move up or down, depending on the underlying cause. I'm watching for a bullish displacement above the R1 pivot at 4515 today.

Hey @oliver89, I'm also pretty new and trying to figure out all these trading terms! 'Displacement' sounds like when the price just suddenly jumps way off where it was before, right? Like it breaks out of its normal zone really fast. I think it means a big move is coming, but I'm not sure if it's up or down yet. 🤔 Need to watch it closely!