@OrbitRun94 on XAUUSD | PriceONN Community
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This whole week was a bloodbath for gold. Seeing that -3.28% drop on Friday was just the cherry on top. Seriously wondering if we're going to gap down hard on Monday. The RSI is way oversold at 29, but that didn't stop them from crushing it. What are you guys expecting for next week? More downside or a bounce?
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Maybe that oversold RSI will actually mean something for once, but I'm not holding my breath. Likely just more manipulation.
@OrbitRun94 I hear you man, this whole week has been brutal. I'm not sure about Monday, but honestly seeing it drop like this makes me nervous. That RSI is screaming oversold but it just keeps falling.