On the utility of lagging indicators in commodities vs. price action

Been thinking a lot lately about how much weight we actually give to lagging indicators when trading commodities, especially in volatile periods. It feels like too many setups I see, or even strategies I've dabbled with, rely heavily on things like moving averages or RSI crossover points to confirm a trend. But when you look at something like the recent move in micro-gold futures, $MGC, which is up nearly 2% today to 270.675, after touching 270.81 earlier, it's the raw price action and order flow around key levels that feels far more predictive in real-time than waiting for a MACD to confirm. The immediate reaction to news or supply/demand shifts often makes indicators feel like they're just telling you what already happened, rather than giving an edge for what's next.

My take is that for fast-moving commodity markets, particularly during active sessions, focusing too much on anything other than the immediate price and volume can lead to delayed entries or exits, effectively eroding potential profits. It's almost like waiting for a complex technical pattern to confirm on a 15-minute chart when the underlying news hit 30 minutes ago and the market already reacted. Am I oversimplifying, or is the edge really in pure price action and level identification for these markets? Push back if you think I'm missing something crucial.