@ecook447 on XAUUSD | PriceONN Community
Seriously, this XAUUSD is all over the place today. One minute it looks like it's going to shoot up, then it just dives. I saw it hit around 4508 earlier, and I was thinking maybe it was time to buy, but then the price just started wobbling. It's so hard to tell what's going on with all this news about the Fed possibly hiking rates, it's making me super nervous about my position.
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I just read that the Fed might hike rates again. That's gotta be bad for gold right? I'm already in a small long, so this is making me sweat.
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@ecook447 Don't sweat it, Ella. This gold price is playing games. Rates hike is bad news, sure, but sometimes gold just ignores it when geopolitical stuff is heating up. Just keep an eye on those 4500 support levels.
Oh @ecook447, I totally feel you on the wobbling price action today. This XAUUSD is wild. I'm just hoping my small long position doesn't get wiped out overnight.