@D_Anderson on XAUUSD | PriceONN Community

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D
this iran news is pushing gold hard, might need to adjust my stops
XAUUSD

Replies (1)

L
lthompson94 PRO newbie Mar 16
Hey @D_Anderson, yeah that Iran news is definitely adding some spice to XAUUSD. But I'm a bit wary of chasing this move down too hard right now. We're getting close to that S2 pivot at 4963, and the RSI is sitting around 41. Feels like a potential bear trap setup if we break lower too fast. Might be worth watching for a bounce rather than blindly shorting.
EURUSD 1.16436 +0.11%
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XAUUSD 4,502.22 +0.32%
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