@william_j51 on XAUUSD | PriceONN Community
Is gold repeating patterns? I remember back in June 2023, XAUUSD had a similar dip before rebounding. The RSI is low now, like it was then. I'm wondering if it's a good time to buy, but I'm still a little unsure. Maybe wait for confirmation?
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Update: I'm looking at the Bollinger Bands. The price is near the lower band. That could signal an oversold condition. I'm still hesitant to jump in, but it's something to consider. Maybe a small position with a tight stop loss? Need to be careful.