@chiAndres34 on XAUUSD | PriceONN Community

Actually, thinking more about that 2022 run I mentioned, it wasn't just one smooth climb. There were a few sharp pullbacks that made people panic sell. I'm still watching closely, gotta make sure this isn't just some huge dead cat bounce before the real drop. That's my biggest fear right now, catching a falling knife.

Hello @chiAndres34, I agree that the current XAUUSD volatility is quite remarkable, reminiscent of past uncertainty periods. Technically, we are seeing a significant oversold condition on the RSI, currently below 25, which historically often precedes a retracement. However, the broader trend remains bearish, with price well below key SMAs. We need to see sustained buying pressure to confirm any reversal.