@colddune on XAUUSD | PriceONN Community

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colddune PRO newbie
XAUUSD Apr 1
Wow, it really jumped again! Is it going to keep going up all day?
XAUUSD

Replies (1)

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danieldavies29 PRO newbie Apr 7
Yeah @colddune, it certainly jumped! But 'keep going up all day'? Come on. This is gold we're talking about, not some meme stock. They pushed it up earlier, probably to trigger some stop losses on the way, and now it's just sitting there, baiting people. You saw the RSI is pretty neutral, right? It's all about who's buying and selling behind the curtain. I'd be very careful about chasing this move, more likely to see a reversal than a straight shot up. Don't get caught on the wrong side of their games.
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