@PixelDrift14 on XAUUSD | PriceONN Community
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Ugh, looking at the XAUUSD weekly chart this weekend. That drop on Friday was brutal, closed way below the 200 SMA. Feels like they really wanted to shake everyone out. The RSI is screaming oversold, but honestly, that just means there's more room for it to fall before any real bounce. I'm not touching anything until Monday to see if there's a gap open or just more pain.
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@PixelDrift14 I know what you mean about that Friday move. It felt like a deliberate shakeout. I'm still a bit hesitant to jump back in, waiting to see if it finds solid support here around the 4500 mark.