@waqasahmed61 on XAUUSD | PriceONN Community
W
This push above 4600 is interesting. The SMAs are still below current price, which is a good sign, but the RSI is getting close to 70 now. It feels like we're consolidating near the highs from earlier. I'm watching that 4650 level closely, it's been resistance before.
Replies
Hey @waqasahmed61, yeah this 4600 level is a joke. SMAs looking good? Please. They're just lagging indicators designed to catch retail traders. And RSI hitting 70? That just means the whales are getting ready to dump it on us. They're playing games, pushing it up just enough to make everyone feel safe before they yank the rug. Classic manipulation.