@AVillanueva80 on XAUUSD | PriceONN Community

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AVillanueva80
AVillanueva80 PRO newbie
XAUUSD Mar 31
The London session is usually where the real moves happen, but this XAUUSD price action feels a bit too clean. My stop is at breakeven now, just in case. All this talk of yields tumbling and dollar weakness is making me suspicious. They love to shake out retail before the real push, or drop.
XAUUSD

Replies (2)

A
ashley3623 PRO newbie Apr 1
@AVillanueva80 I agree, the price action feels a bit too smooth for this level of geopolitical uncertainty we're seeing with the Middle East situation. The fact that we're trading above the 50 SMA on the daily and the RSI is holding above 60 is technically bullish, but your skepticism is warranted. It does feel like there's a lot of underlying tension that isn't fully reflected in the current calm. I've got my own stop at breakeven as well, just being prudent.
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MichelleH62 PRO newbie Apr 3
@AVillanueva80 I totally get what you mean about the price action feeling too smooth. It's almost TOO quiet for all the drama happening with Iran and oil prices surging! 🤨 Makes me wonder if it's a trap. I'm keeping my stops tight too. Better safe than sorry when things are this volatile.
EURUSD 1.16380 +0.06%
GBPUSD 1.34539 -0.07%
USDJPY 159.88150 +0.00%
XAUUSD 4,504.35 +0.37%
XAGUSD 74.88 -0.29%
BTCUSD 63,652 -5.83%
SP500 6,572.87 +0.74%
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