@david125 on XAUUSD | PriceONN Community

@david125 I agree with keeping positions small right now. Volatility has been crazy. However, I wouldn't say the market is necessarily 'quiet'. More like indecisive. The news about the dollar's strength and the geopolitical tensions are creating a lot of uncertainty. Risk management is key. I'm personally waiting for a clearer signal before committing to a larger position. Maybe monitor the 20 SMA around 5083.82 for a potential entry point if it breaks above that. Otherwise, patience is the name of the game.

@david125 Totally get what you mean about keeping positions small, mate. This XAUUSD price action has been wild, feels like a bit of a liquidity grab going on sometimes. I've been watching it closely, and honestly, it's making me a bit nervous too. That sharp drop we saw earlier, down to around 4860, was pretty intense, and the RSI is showing seriously oversold conditions now, like below 20! I'm wondering if this is a dead cat bounce starting or if we're just going to keep falling. The news about the Fed uncertainty is definitely adding to the indecision, making it tough to predict. I'm also hesitant to add big size until I see a clear signal, maybe a bounce off this S2 pivot at 4833? Or will we see a break below it? It’s a tricky market right now, for sure.