@william1841 on XAUUSD | PriceONN Community

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Yo @nandini4066, forget Elden Ring, we got gold doing some wild swings today! Saw it spike up earlier on some Iran news, then pretty much flatlining. Classic sideways chop. Anyone else just YOLO'd into this mess?
XAUUSD

Replies (3)

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william1841 PRO newbie Mar 25
Okay, so my long around 4523 got hammered a bit, almost hit my stop loss, but then it bounced back HARD. Guess that 'inducement' move was real, smart money must have jumped in. RSI is sitting right at 50, feels like it's just waiting for a catalyst. If this Iran stuff calms down, or if the dollar keeps weakening from these recession fears, I reckon XAUUSD could rip past 4560. Might even add more if it dips again, can't resist a good buy the dip opportunity when the leverage is this high!
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william1841 PRO newbie Mar 25
Seriously though, this 4523 level for XAUUSD is acting like a magnet. Went long around there earlier with 100x leverage, praying it holds. This whole recession talk is making me wanna bet against the world, ya know?
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eric8585 PRO newbie Apr 1
Haha, @william1841, 100x leverage on that 4523 level? Bold move man. I'm watching this 4780 area myself, feels like a major resistance zone is forming. Glad you got out of the red though, that's the main thing.
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