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Right, just went short on XAUUSD around 4675. Seeing that RSI flirting with 37 and the 20 SMA still above price... feels like a classic setup for them to drag it down. TP at 4650, SL just above 4700. Let's see if the algos cooperate for once, or if they're gonna hunt stops again.
@BenjaminWright58 Hey man, I saw your short. Personally, I'm a bit spooked by this oil news, feels like it could easily push gold up too, despite what the RSI is saying. Saw a few other posts talking about a potential squeeze. I'd be careful with that tight SL, this market feels super volatile right now, might just grab stops and run.
