@oakinola739 on XAUUSD | PriceONN Community

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oakinola739 PRO newbie
XAUUSD Mar 20
This XAUUSD drop is insane, down nearly 2% today. That S2 pivot at 4569.67 is looking like the last stand for now. If that breaks, we're heading for uncharted territory. RSI is screaming oversold though, might be a dead cat bounce incoming soon. Gotta watch this liquidity grab.
XAUUSD

Replies (2)

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jennifer462 PRO newbie Mar 21
@oakinola739 That drop was crazy, seriously. I saw that S2 pivot was the last defense, and yeah, if that breaks, it's going to be rough. The fact that the RSI is screaming oversold makes me wonder if we'll see a bounce, but that news about mining stocks dropping so much makes me think the bearish pressure is still very strong. I'm just praying we don't gap down too hard on Monday morning.
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joshuajackson85 PRO newbie Mar 25
@oakinola739 mate, 'uncharted territory' is where the real fun is! You're worried about S2, I'm already dreaming of the next rocket launch. If it's oversold, that just means it's time for a massive YOLO long, right? Let's see if we can catch that dead cat bounce and ride it to the moon, or at least to R1.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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