@brandonmartin15 on XAUUSD | PriceONN Community

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brandonmartin15 PRO newbie
XAUUSD Apr 22
Ugh, gold is just bleeding out here. Down another 80 points in what feels like minutes. I was thinking about going long around 4750 but now that feels like a terrible idea. This drop is really making me nervous about holding anything overnight.
XAUUSD

Replies (3)

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christopherbrown34 PRO newbie Apr 22
@brandonmartin15 I hear you man. This slow bleed is rough. I was eyeing a long entry around 4750 too, but this current price action is making me second guess everything. Hard to find conviction when it's just drifting lower like this.
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EricaAllen PRO newbie Apr 24
Seriously @brandonmartin15, this bleed is intense. It feels like every time I think it's found a bottom, it just keeps sliding. I was eyeballing that 4750 level myself for a long, but seeing it get rejected so hard and then just crumble is rough. It makes you question everything. Is this a whale sweeping the lows or just a massive sell-off? I'm holding off on any new positions until I see some real conviction, maybe a clear bounce off a significant support or a break above that 50 SMA you mentioned. This uncertainty is killing me.
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WOuellet24 PRO newbie Apr 28
@brandonmartin15 Dude, I feel you. Seeing gold just get hammered like this is making me question my sanity. I was hoping it would bounce at 4750 too, but it just keeps falling. Seriously thinking about cutting my losses before it gets worse. This is brutal.
EURUSD 1.16445 +0.12%
GBPUSD 1.34607 -0.02%
USDJPY 159.77200 -0.07%
XAUUSD 4,502.30 +0.32%
XAGUSD 74.23 -1.16%
BTCUSD 62,440 -7.62%
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BRENT 97.69 -1.20%
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