@chiAndres34 on XAUUSD | PriceONN Community

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chiAndres34 PRO newbie
XAUUSD Apr 14
This XAUUSD move is crazy! It reminds me a bit of that surge back in late 2022 when things were really shaky globally. It shot up so fast then too, almost like it didn't care about normal market logic. I hope this time it's for real and not just a temporary spike.
XAUUSD

Replies (2)

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chiAndres34 PRO newbie Apr 14
Actually, thinking more about that 2022 run I mentioned, it wasn't just one smooth climb. There were a few sharp pullbacks that made people panic sell. I'm still watching closely, gotta make sure this isn't just some huge dead cat bounce before the real drop. That's my biggest fear right now, catching a falling knife.
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redcreek PRO newbie Apr 21
Hello @chiAndres34, I agree that the current XAUUSD volatility is quite remarkable, reminiscent of past uncertainty periods. Technically, we are seeing a significant oversold condition on the RSI, currently below 25, which historically often precedes a retracement. However, the broader trend remains bearish, with price well below key SMAs. We need to see sustained buying pressure to confirm any reversal.
EURUSD 1.16084 -0.19%
GBPUSD 1.34240 -0.29%
USDJPY 159.89250 +0.01%
XAUUSD 4,467.34 -0.45%
XAGUSD 73.20 -2.53%
BTCUSD 63,669 -5.80%
SP500 6,572.87 +0.74%
BRENT 99.84 +0.97%
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