@kayode01 on XAUUSD | PriceONN Community

Also, I keep hearing about the geopolitical tensions and how that should push gold up, but then it drops when the news seems to ease. It's hard to tell what's actually driving the price anymore. It makes me doubt if I should even be in a trade right now.

@kayode01 I saw that volatility on Friday too. It's tough when you're new and you see these whipsaws. The key thing to remember with gold is that it often reacts to geopolitical news, but sometimes it's the macroeconomics that really drive it. That rebound from the March lows looks solid on the weekly chart, and we're holding above key SMAs like the 50 and 200. The fact that it tested the Bollinger band resistance around 4890 and couldn't decisively break through yet is something to note, but the overall trend still looks bullish to me. I'd be looking at the S1 pivot around 4853 as a potential support zone if we see any retracement early next week. Don't get too caught up in the daily noise; focus on the bigger picture trend and your risk management.