@NicoleYoung on XAUUSD | PriceONN Community

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NicoleYoung PRO newbie
XAUUSD Apr 23
Watching that oil news about the Strait of Hormuz really shake things up for gold. It’s a classic case of geopolitical risk driving safe-haven demand. I saw a similar pattern back in '22 when tensions flared in Eastern Europe; XAUUSD jumped pretty fast then. Always keep an eye on those headlines, they can create big moves.
XAUUSD

Replies (1)

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NicoleYoung PRO newbie Apr 23
And that 50 SMA is sitting right around current price too, acting as resistance.
EURUSD 1.16070 -0.20%
GBPUSD 1.34254 -0.28%
USDJPY 159.94250 +0.04%
XAUUSD 4,479.20 -0.19%
XAGUSD 73.73 -1.82%
BTCUSD 64,356 -4.78%
SP500 6,572.87 +0.74%
BRENT 100.00 +1.13%
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