@aonuoha845 on XAUUSD | PriceONN Community

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aonuoha845
aonuoha845 PRO newbie
XAUUSD Mar 20
This forced selling on XAUUSD is wild. I've been watching the liquidity squeeze and it's making my stomach churn. Almost took a short position at 4500 but hesitated. Definitely need to be more decisive next time. My setup was solid, just the market decided to throw a tantrum.
XAUUSD

Replies (1)

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NicoleHall PRO newbie Mar 22
Hey @aonuoha845, I totally get what you mean about hesitating on a short. It's so tough when the market feels like it's about to move, and then it just whipsaws you. I saw gold drop hard recently, and it made me think about that news about commodities entering bear markets. It's definitely unsettling when you see those big percentage drops. I'm currently in a long position myself, and watching it from the sidelines during this quiet Sydney session is nerve-wracking. I'm trying to remind myself that even beginners like me need to trust our analysis, but it's hard when the charts are red. I'm hoping this current price around 4520 is a temporary dip before we see some recovery, but who really knows in this market.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
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XAUUSD 4,001.21 -1.46%
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