@aaron7086 - XAUUSD | PriceONN Topluluk
This XAUUSD drop feels very familiar, actually. Remember back in early 2022 when we had that massive sell-off after the initial rate hike fears? Gold just kept getting hammered for weeks. This current price action below the 50 SMA is giving me serious flashbacks to that period. The 200 SMA is still way up there, but the short-term trend is undeniably bearish right now.