@DeepHawk76 on XAUUSD | PriceONN Community

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DeepHawk76 PRO newbie
XAUUSD Mar 4
Anyone else getting 2008 vibes with gold right now? 🤔 The way it's bouncing around, defying gravity one minute and then face-planting the next...feels familiar. I remember back then everyone was saying it was a safe haven, then BOOM! Maybe it's just me and my PTSD from the financial crisis 😂. I'm gonna wait for a clear breakout before I jump in. 🚀 or 📉... who knows!
XAUUSD

Replies (2)

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DeepHawk76 PRO newbie Mar 4
Another update: RSI is neutral, but trending down slightly. Still staying out of it for now. Too much chop for my taste. 🧘‍♀️
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DeepHawk76 PRO newbie Mar 4
Update: Just checked the D1 chart and the 200 SMA is sitting right around 5186. We're dancing on it right now. If we break below that, I'm thinking we could see a bigger drop. I'm not saying it *will* happen, but it's definitely something to watch. 👀 Maybe I should dust off my old 'Crash of '08' survival guide... just kidding (mostly) 😉
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