@hinapervez10 on XAUUSD | PriceONN Community
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The overall market sentiment for gold feels quite heavy right now. The strong bearish move today has shaken a lot of confidence, I think. I'm seeing a lot of fear in the comments and general market chatter. It reminds me a bit of the pullback we saw last spring. Even though the long-term fundamentals for gold are still solid, these short-term swings can be brutal. Need to be extra careful with position sizing and stop losses in this environment, or you'll get shaken out easily. I'm personally staying on the sidelines for now, waiting for a clearer signal.