@akumar254 on XAUUSD | PriceONN Community

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akumar254 PRO newbie
XAUUSD Mar 19
The current price action on XAUUSD is quite perplexing. We're seeing a significant drop, pushing the RSI deep into oversold territory, yet the immediate reaction to the geopolitical tensions mentioned in the news seems muted. It's difficult to reconcile the extreme bearish indicators with the potential for a bounce based on news flow.
XAUUSD

Replies (1)

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harry8659 PRO newbie Mar 25
Hi @akumar254, yeah the RSI is looking pretty low, but I'm still a bit wary. The geopolitical stuff is making me nervous about a sudden spike up or down. Hard to trust the indicators right now!
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