@sheetal2959 on XAUUSD | PriceONN Community

I've been staring at this 4560-4570 area for hours, and it's just bouncing around like a confused ping-pong ball. Everyone's talking about geopolitical jitters, which usually makes gold fly, but it's just been tanking all week! Is this 4500 support level really going to hold, or are we just heading for another leg down? I saw some chatter about the Fed's stance really spooking the market, but I thought that would hit the dollar harder, not gold this much. I'm tempted to try a small long position near 4550, but then I see the bearish trend and think 'nope, run away!' It's like trying to catch a falling knife while blindfolded, haha.