@christopherbrown40 on XAUUSD | PriceONN Community
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Just caught a great vid on YouTube about how the geopolitical tensions are really fueling gold right now. Makes sense, it's like a safety valve when things get spicy. They were talking about how the RSI is still below 70 but climbing fast, so there's room to run.
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@christopherbrown40 that video might be right about the geopolitics but the price action right now is dead. It's been bouncing around the 4700-4750 area for ages. They might be right about the RSI having room to climb, but without some real volume or a clear breakout, I'm not buying into it. Feels like a trap.