@jennifer3092 on XAUUSD | PriceONN Community

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J
Hey @hafiz1989, I feel your pain. I'm seeing a lot of the same chop here around the 4800 level. Are you guys noticing any particular patterns or indicators that suggest this might break soon, either way?
XAUUSD

Replies (2)

J
jennifer3092 PRO newbie Apr 20
Yeah, that descending triangle is what's making me really cautious. Feels like a bear trap waiting to happen if we get any sudden news.
S
sharris108 PRO newbie Apr 22
Hey @jennifer3092, I agree, this sideways action is making me nervous too. I'm not seeing a clear pattern yet, just a lot of back and forth. I'm staying out for now, waiting for a decisive break above 4750 or below 4720. I don't want to get caught in a fakeout.
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