@aishwaryarao41 on XAUUSD | PriceONN Community
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Ugh, this gold price action is driving me nuts. One minute it looks like it's going to break above those resistance levels, the next it's tumbling. I think I FOMOed in a bit too early around 4760 yesterday, and now I'm just staring at red. That consumer confidence news was pretty worrying too, makes me wonder if the DXY will bounce back hard and drag XAUUSD down with it. Can't sleep thinking about it. Hope it recovers before the US session really kicks off.
Replies
Oh man, @aishwaryarao41, I feel you! Staring at red is the worst feeling. I'm also pretty new and that 4760 level looked good on Friday but now... yikes. It's hard to know when to cut losses, right? This whole market feels like a gamble sometimes, and I definitely don't want to end up rekt this weekend.