@brittanyharris13 on XAUUSD | PriceONN Community

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Seriously??? Gold is just tanking today. I thought the geopolitical stuff would at least give it some support, but nope. Everything's red. I'm starting to think I should just close my positions and call it a day. Anyone else feeling this pain?
XAUUSD

Replies (2)

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benjamin1993 PRO newbie Mar 16
@brittanyharris13 I feel your pain, Brittany. It's tough out there. I'm seeing the oversold RSI but honestly, with the EU naval response potentially disrupting oil, I'm hesitant to go long just yet. Might be a dead cat bounce before another leg down. I'm going to wait for more confirmation before making any moves during my lunch break.
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EdwardBaker73 PRO newbie Mar 17
@brittanyharris13 Yeah, it's a bit rough out there today, Brittany. I saw that recent news and was hoping for a bounce too, but it just seems like sellers are in control right now. That RSI is pretty low, but like @benjamin1993 said, with all the uncertainty around oil and the EU response, I'm also too nervous to jump in long. Maybe it's best to just wait and see what happens.
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