@ThomasAllen on XAUUSD | PriceONN Community
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Right then, gold's looking pretty grim at 4879. That -2.5% drop today is no joke. RSI is absolutely mashed at 19, screaming oversold, but that doesn't mean much when we've got this kind of bearish momentum. Looks like we've got a clear liquidity grab below the current price, and the S2 pivot at 4833 is the next logical target. I'd be very surprised if we see any significant bounce before hitting that.