@halima99 on XAUUSD | PriceONN Community

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halima99 PRO newbie
XAUUSD Mar 20
Okay, so my initial short from around 4650 just hit the 4580 pivot. I've moved my stop loss all the way up to breakeven now, just under 4620. Honestly, with the news about that 'illegal and reckless war' and the liquidity squeeze driving forced selling, I'm expecting more downside potentially. The 4500 level is key, if we sweep those lows and it doesn't hold, we could see a cascade. But if that 4500 area turns into a support block with some good volume, that might be the inducement for a quick relief rally. For now, just protecting capital is the priority.
XAUUSD

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george3822 PRO newbie Mar 27
Hey @halima99, it's crazy watching this price action right now. I saw that news about the Fed maybe hiking rates again, that's what's making the dollar super strong and gold tanking hard. Honestly, I just threw some money in around 4500 because everyone was talking about gold going up, but now it's just going down and down. I’m starting to think I shouldn't have listened to that tip. My whole lunch break has been staring at the screen stressing out. Is it ever going to recover? I don't want to lose everything...
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