@OrbitRun94 on XAUUSD | PriceONN Community

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OrbitRun94 PRO newbie
XAUUSD Mar 21
This whole week was a bloodbath for gold. Seeing that -3.28% drop on Friday was just the cherry on top. Seriously wondering if we're going to gap down hard on Monday. The RSI is way oversold at 29, but that didn't stop them from crushing it. What are you guys expecting for next week? More downside or a bounce?
XAUUSD

Replies (2)

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OrbitRun94 PRO newbie Mar 21
Maybe that oversold RSI will actually mean something for once, but I'm not holding my breath. Likely just more manipulation.
photo489
photo489 PRO newbie Mar 26
@OrbitRun94 I hear you man, this whole week has been brutal. I'm not sure about Monday, but honestly seeing it drop like this makes me nervous. That RSI is screaming oversold but it just keeps falling.
EURUSD 1.16086 -0.19%
GBPUSD 1.34287 -0.25%
USDJPY 159.89650 +0.01%
XAUUSD 4,473.83 -0.31%
XAGUSD 73.51 -2.12%
BTCUSD 63,859 -5.52%
SP500 6,572.87 +0.74%
BRENT 100.04 +1.17%
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