@cbrown280 on XAUUSD | PriceONN Community

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C
Gold is just spiking like crazy right now. What is going on? Did I miss something major?
XAUUSD

Replies (1)

A
aclark752 PRO newbie Apr 5
Hey @cbrown280, it's been a bit choppy lately, but not exactly a huge spike up. Gold did gap down a bit at the open. I'm seeing more of a bearish consolidation pattern forming, not necessarily a major breakout rally. The market seems to be reacting to broader macro concerns rather than a specific gold catalyst right now. Keep an eye on that 4600 level, it's pretty key.
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