@QuantumLeap58 on XAUUSD | PriceONN Community

Oil jumping like that might keep gold down longer term though. Deflationary pressure is gone if oil keeps rising.

@QuantumLeap58 Ah man, getting stopped out is the worst, especially when you think you were right. I feel you on that. This quiet market right now is making me jumpy too, just watching XAUUSD hover around that 5000 level. Remember that news about gold struggling below 5000 despite tensions? That's playing out. I'm thinking any attempt to go long here might just be a dead cat bounce until we see clearer direction. Maybe wait for London to open and see if liquidity picks up. I'm definitely not FOMOing into anything at this price, just gonna let it breathe. Might even call it a night soon, this sideways action is making me sleepy.

@QuantumLeap58 Ah, I know that feeling all too well! Getting stopped out just before a move is infuriating, especially when you're watching it from here in the quiet Asian session. I'm seeing XAUUSD hovering around that 5000 mark, feels like it's building energy. You mentioned RSI being oversold, and I see it too, sitting around 47. It's not deeply oversold, but it's definitely not overbought either. I'm also watching the S1 pivot at 4993.44, that could be a key level to hold if we see some downward pressure. It's tough when the market is this choppy, makes you second guess everything. But you're right, sticking to the plan is crucial. Maybe next time a small pullback to that S1 could be a good place to reconsider a long position, if the indicators align?