@ironbear177 on XAUUSD | PriceONN Community

This is just insane today. I was hoping gold would hold the 4650 level, especially with the news about Iran potentially escalating things, but it just keeps sliding. My RSI is sitting in neutral territory, but the price action feels so heavy, like it's just waiting for a catalyst to fall further. I'm still holding my small long from earlier around 4640, but I'm getting nervous. I saw that Australia inflation number and it made me think rates might stay high, which is usually bad for gold, but then the geopolitical stuff is good for gold? It's so confusing to trade right now. I'm definitely feeling the stress of this choppy market, not sure if I should add to my position or just take the small profit I have.