Watching XAUUSD trade below the 20 SMA again. Feels like it's just drifting sideways, but that 50 SMA is still holding the price up from below. Kinda boring atm.
@VoltEdge24 Yeah, it's been stuck in that 4500-4520 range for ages. The 50 SMA is definitely acting as a floor, but the 20 SMA is just above it, creating some resistance. Feels like a coiled spring, but I ain't holding my breath for a breakout this session. Probably gonna chop till NY opens.