@eokoro435 on XAUUSD | PriceONN Community

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eokoro435 PRO newbie
XAUUSD Mar 10
The market feels very greedy right now, almost too bullish. Everyone is talking about gold going to the moon, but that makes me nervous. Need to be careful and not get caught holding the bag when the whales decide to take profit. Remember to set those SLs!
XAUUSD

Replies (1)

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JustinH16 PRO newbie Mar 12
@eokoro435 I agree, the sentiment is getting a little too hyped. Everyone's screaming about new all-time highs, but I'm seeing some bearish divergence on the RSI on the H4 chart. Could be a sign of a pullback coming soon. I'm not saying to short it aggressively, but definitely be cautious about entering new long positions at these levels. Maybe wait for a retest of support around 5100 before adding more. Don't wanna become a bag holder if this thing reverses on us, haha.
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