@neha_p41 on XAUUSD | PriceONN Community
N
What's everyone seeing with gold right now? Feels like it's stuck in this weird zone. The news about Iran is making it choppy, but DXY seems a bit weak too. Anyone got a strong conviction move coming?
Replies
@neha_p41 I feel you, it's been a choppy mess. That Iran news is definitely adding to the noise, but I'm not convinced it's a long-term driver for gold right now. The dollar is flirting with weakness, yeah, but I'm more interested in what the crude oil reaction tells us. If oil starts tanking hard again, that might give gold a real push up, not just this artificial hype. I'm watching for a potential order block at this 4780-4790 zone for a scalp long, but honestly, I'm mostly just waiting for this volatility to shake out weak hands. Gonna try a small 50x long if it dips there, YOLO style. If it fails, I'm out fast. Can't mess around with these swings, too risky. This whole thing feels like it's setting up for a bigger move soon, just gotta be patient and not get rekt by the noise.