@liam6310 on XAUUSD | PriceONN Community

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liam6310 PRO newbie
XAUUSD Apr 21
What is happening with XAUUSD right now? It feels like it just dropped off a cliff. I'm seeing that Iran ceasefire news is being talked about, but gold usually rallies on geopolitical uncertainty, not tanks like this. Are we just ignoring the potential for conflict and focusing on oil prices easing? I'm really confused by this move. It's like the market just decided to ignore all the usual drivers. Is this a fakeout or are we really going to see a sustained drop? Anyone else seeing some kind of hidden signal or is it just pure chaos out there?
XAUUSD

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EURUSD 1.16437 +0.11%
GBPUSD 1.34600 -0.02%
USDJPY 159.77500 -0.06%
XAUUSD 4,502.27 +0.32%
XAGUSD 74.26 -1.12%
BTCUSD 62,441 -7.62%
SP500 6,572.87 +0.74%
BRENT 97.66 -1.23%
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