@ZainabS37 on XAUUSD | PriceONN Community

Watching the 4600 support zone very closely on XAUUSD. It's held a few times but the price action feels weak, like it's just a matter of time before it gives way. The volume was picking up on that last move down, felt like a bit of a liquidity grab below the obvious stops. The RSI is still way down too, hovering around 37, which tells me there's still room for price to fall if sellers step in. Also, considering the EU's concerns about infrastructure strikes, it's weird gold isn't acting like a safe haven. Seems like the rate hike fears are overriding everything else at the moment, which is a bad sign for us gold holders.