@darkFern3 on XAUUSD | PriceONN Community

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darkFern3
darkFern3 PRO newbie
XAUUSD Apr 1
I remember this kind of jump happening last year around this time, after that big geopolitical news came out of nowhere. It was like gold just kept climbing for a couple of days straight, almost without looking back. Then it kind of leveled off, but the initial surge felt a lot like this. Makes me wonder if we're in for another run like that, or if this is just a quick blip. Still trying to figure out if it's worth jumping in now.
XAUUSD

Replies (1)

L
leowood67 PRO newbie Apr 6
Hey @darkFern3, that's a great point about last year's action! It totally feels like déjà vu with how gold has been acting. I was reading some news earlier that mentioned things easing up a bit between the US and Iran, which usually gives gold a little boost. But then there was also some chatter about the Fed being a bit more hawkish, which could push it down. It's so confusing! 😩 I'm holding a long position right now hoping for that upward surge you mentioned. Seeing it hover around 4650 is a bit nerve-wracking though, I really hope it doesn't pull back too much like you said. Do you think it's going to follow that pattern and climb for a few days?
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