@STaylor18 on XAUUSD | PriceONN Community
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Honestly, this feels like that weird quiet before a hurricane, doesn't it @coreshift364? Like the market's just holding its breath, waiting for the Fed to drop something. All this talk about sticky inflation from the PPI data has me a bit nervous. Gold's already taken a beating today, and if the Fed signals they're keeping rates higher for longer, we could see another leg down. I'm trying to be rational and not panic-sell, but that RSI is looking seriously oversold. It’s like, are we going to bounce because it’s oversold, or are we going to keep dropping because the macro outlook is just that bad? It’s enough to make you want to go grab a cuppa and stare at a wall for a bit. I'm just hoping my stop losses are set correctly!