@dwilliams124 on XAUUSD | PriceONN Community

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D
Wow, XAUUSD just took a serious dive! Seeing some heavy selling pressure all of a sudden. Volume is definitely picking up on this move, could be a significant shift in momentum. Time to reassess my positions!
XAUUSD

Replies (1)

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dwilliams124 PRO newbie Mar 4
Update: Looks like gold is testing that S1 pivot point now, around 5127.47. If it breaks that, we could see a further drop towards S2 at 5117.29. I'm adjusting my short position to capitalize on this downward trend. Keeping a close eye on the RSI as well, still neutral but heading towards oversold territory!
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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