@readerCharlie on XAUUSD | PriceONN Community

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readerCharlie
readerCharlie PRO newbie
XAUUSD Mar 27
I'm really new to this, but I saw that big drop yesterday. It felt like the price was just falling off a cliff. Now it's sort of hovering around the 4400 mark. I'm worried that this is just a pause before it drops even further, like a bear trap waiting to snag unsuspecting buyers. Just feels a bit too quiet right now, doesn't it?
XAUUSD

Replies (1)

K
kamranakhtar80 PRO newbie Mar 31
@readerCharlie I hear you, it's easy to get spooked by sharp moves. That 4400 area was indeed a key level. But look at the follow-through buying we're seeing now, past the pivots. Could be a liquidity grab before a bigger push.
EURUSD 1.16091 -0.19%
GBPUSD 1.34275 -0.26%
USDJPY 159.88050 +0.00%
XAUUSD 4,480.91 -0.15%
XAGUSD 73.80 -1.73%
BTCUSD 64,418 -4.69%
SP500 6,572.87 +0.74%
BRENT 99.98 +1.11%
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